Baird analyst Peter Arment downgraded Maxar Technologies to Neutral from Outperform with a price target of $53, up from $45, 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.
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
See the top stocks recommended by analysts >>
Read More on MAXR: