Citi analyst Steven Enders downgraded Instructure (INST) to Neutral from Buy with a $23.60 price target after the company entered into an agreement to be acquired by investment funds managed by KKR (KKR) for $23.60 per share in an all-cash transaction.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INST: