B. Riley downgraded Cantaloupe (CTLP) to Neutral from Buy with a price target of $11.20, down from $11.50, after 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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTLP:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue