tiprankstipranks

Envestnet downgraded to Market Perform from Outperform at JMP Securities

JMP Securities downgraded Envestnet to Market Perform from Outperform without a price target after the company entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing Envestnet at $4.5B, or $63.15 per share.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue