tiprankstipranks
Trending News
More News >

Couchbase downgraded to Market Perform from Outperform at William Blair

William Blair analyst Jason Ader downgraded Couchbase (BASE) to Market Perform from Outperform after Haveli Investments announced an agreement to acquire Couchbase for $1.5B, or $24.50 per share in cash. The deal is “generally a good outcome” for shareholders with “a reasonable multiple” being paid for a company at this scale and growth rate, but which has yet to reach profitability, the analyst tells investors.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1