Morgan Stanley downgraded Kahoot to Equal Weight from Overweight with a NOK 35 price target after resuming coverage of the name. The summer months have seen a continued deceleration of decline in the company’s monthly active user trends but no full stabilization or return to growth, the analyst tells investors in a research note.
Claim 30% 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>>