Needham analyst Mayank Tandon downgraded Duck Creek Technologies to Hold from Buy after the company agreed to be acquired by Vista Equity Partners for $19 per share in an all-cash transaction valued at approximately $2.6B.
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Published first on TheFly
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Read More on DCT:
- Duck Creek Technologies management to meet virtually with Needham
- Duck Creek Soars Post Buyout by Vista Equity
- Duck Creek Agrees to be Acquired by Vista Equity Partners for $2.6 Billion
- Duck Creek Technologies to be acquired by Vista Equity Partners for $2.6B
- Duck Creek Technologies sees FY23 EPS 13c-14c, consensus 12c