Needham downgraded PowerSchool to Hold from Buy after the company agreed to be acquired by Bain Capital for $22.80 per share in cash.
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Read More on PWSC:
- PowerSchool drawing interest from Warburg Pincus, Bloomberg says
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- Jefferies sees more upside in PowerSchool after report of PE interest
- PowerSchool go-private transaction at ‘right price makes sense,’ says Baird
- PowerSchool rises 24.3%
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