CJS Securities downgraded Kaman to Market Perform from Outperform with a $46 price target after the company announced an agreement to be acquired by Arcline Investment in an all-cash transaction with a total enterprise value of approximately $1.8B, or $46 per share in cash.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on KAMN:
- Kaman Corp. Agrees to Merger with Ovation Parent Inc.
- Kaman rises 101.3%
- Kaman rises 101.1%
- Kaman rises 101.2%
- Kaman to be acquired by Arcline Investment for $46.00 per share in cash
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue