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Q4 Inc. revised to Tender from Neutral at CIBC

CIBC analyst Stephanie Price revised the firm’s rating on Q4 Inc. to Tender from Neutral raised the firm’s price target on Q4 Inc. to C$6.05 from C$4, after the company announced it has entered into a definitive agreement to be acquired by Sumeru Equity Partners for C$6.05 per share, a 36% premium to the last closing price and a 43% premium to the 20-day average trading price.

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