Noble Capital analyst Joe Gomes downgraded Great Lakes Dredge (GLDD) to Market Perform from Outperform after the company announced a definitive agreement to be acquire by Saltchuk Resources for $17 per share in cash.
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Read More on GLDD:
- Great Lakes Dredge downgraded to Hold from Buy at Texas Capital
- Saltchuk to acquire Great Lakes Dredge for $17.00 per share in cash
- Great Lakes Dredge price target raised to $17 from $14 at Noble Capital
- J.P. Morgan Names 2 New Top Stocks to Buy
- Great Lakes Dredge initiated with an Overweight at JPMorgan