DA Davidson downgraded LiveRamp (RAMP) to Neutral from Buy with a price target of $38.50, up from $35, after Publicis said it will acquire LiveRamp for $2.167B in an all-cash transaction, based on an acquisition price of $38.50 per share.
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Read More on RAMP:
- LiveRamp to Be Acquired by Publicis in Cash Deal
- LiveRamp jumps 27% to $37.59 after Publicis buyout at $38.50 per share
- Publicis announces agreement to acquire LiveRamp for $2.2B
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- LiveRamp integrates Nvidia AI infrastructure