Desjardins analyst Frederic Tremblay downgraded H2O Innovation to Tender from Buy with a price target of C$4.25, up from C$3.50 following the announcement that H2O has entered an agreement to be acquired by Ember Infrastructure Management for $4.25 per share in cash.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on HEOFF:
- 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
- H2O Innovation price target lowered to C$3.50 from C$3.65 at Desjardins
- H2O Innovation price target lowered to C$3.25 from C$3.50 at National Bank