Wells Fargo analyst Matthew Akers downgraded Maxar Technologies to Equal Weight from Overweight with a price target of $53, up from $34, after Maxar agreed to be acquired by Advent International in a $53 per share all-cash transaction that values the company at an enterprise value of approximately $6.4B.
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
See Insiders’ Hot Stocks on TipRanks >>
Read More on MAXR:
- Maxar Technologies rises 122.5%
- Maxar Technologies rises 119.6%
- Maxar Technologies downgraded to Hold from Buy at Canaccord
- Maxar Technologies rises 120.5%
- Satellite stocks take off after Maxar Technologies agrees to go private
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue