TD Cowen analyst Kevin Kopelman downgraded Despegar.com (DESP) to Hold from Buy after the company entered into an agreement to be acquired by Prosus (PROSY) for $19.50 per share in an all cash transaction.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DESP: