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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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