Northland downgraded Daseke (DSKE) to Market Perform from Outperform with an $8.30 price target after the company agreed to be acquired by TFI International (TFII) in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1B, or $8.30 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>>
See the top stocks recommended by analysts >>
Read More on DSKE:
- Daseke trading resumes
- Daseke to be Acquired by TFI International
- Daseke to be acquired by TFI International for $8.30 per share in cash
- TFI International to acquire Daseke for $8.30 per share in cash
- Daseke trading halted, news pending
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue