RBC Capital analyst Matthew Hedberg downgraded Couchbase (BASE) to Sector Perform from Outperform with a price target of $24.50, up from $22, after the company announced an agreement to be acquired by Haveli Investments for $24.50 per share in cash.
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Read More on BASE:
- Couchbase downgraded to Neutral from Overweight at Piper Sandler
- Couchbase downgraded to Equal Weight from Overweight at Wells Fargo
- Couchbase price target raised to $24.50 from $22 at Barclays
- GMS jumps after report of competing suitors, Couchbase gets bought: Morning Buzz
- Couchbase downgraded to Neutral from Buy at DA Davidson