Needham downgraded EngageSmart to Hold from Buy without a price target following the announcement that Vista Equity Partners will acquire EngageSmart in an all-cash deal worth $4B or $23 per share.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ESMT: