William Blair downgraded Cantaloupe (CTLP) to Market Perform from Outperform after the company agreed to be acquired by 365 Retail Markets in a transaction with an equity value of approximately $848M, or $11.20 per share in cash.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTLP:
- Cantaloupe downgraded to Hold from Buy at Craig-Hallum
- Cantaloupe downgraded to Neutral from Buy at B. Riley
- Cantaloupe downgraded to Hold from Buy at Benchmark
- Cantaloupe downgraded to Underperform from Outperform at Barrington
- Sarepta suspends Elevidys shipments, Supernus acquires Sage: Morning Buzz
