Canaccord analyst Yuri Lynk downgraded H2O Innovation to Hold from Buy with an unchanged price target of C$4.25. The analyst cites the company’s acquisition agreement announcement with Ember SPV for the downgrade.
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Read More on HEOFF:
- H2O Innovation downgraded to Tender from Buy at PI Financial
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- H2O Innovation price target raised to C$4.25 from C$3.25 at Canaccord
- H2O Innovation downgraded to Tender from Outperform at National Bank
- H2O Innovation to be acquired by Ember Alongside IQ, CDPQ, executives