Needham analyst Scott Berg downgraded OneStream (OS) to Hold from Buy without a price target after Hg announced a deal to acquire the company for $24 per share. The price paid e is an “acceptable valuation” given OneStream’s current growth rate, the analyst tells investors in a research note. Needham does not expect a superior offer.
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Read More on OS:
- OneStream downgraded to Neutral from Buy at Guggenheim
- Buy Rating on OneStream Underscored by Premium Hg Capital Takeout and Robust Software Valuation Backdrop
- OneStream downgraded to Hold from Buy at Loop Capital
- OneStream downgraded to Neutral from Buy at Rosenblatt
- OneStream downgraded to Market Perform from Outperform at BMO Capital
