William Blair analyst Maggie Nolan downgraded CSG Systems (CSGS) to Market Perform from Outperform without a price target after the company agreed o be acquired by NEC Corporation for $80.70 per share in a $2.9B all-cash deal. The firm views antitrust concerns as manageable.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSGS: