Raymond James analyst Ric Prentiss downgraded Radius Global Infrastructure to Underperform from Strong Buy. The company agreed to be acquired for $15 per share in cash by EQT and the Canadian Public Sector Pension Investment Board. The firm does not expect a credible and no-financing-required topping bid.
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Published first on TheFly
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Read More on RADI:
- Radius Global downgraded to Underperform from Strong Buy at Raymond James
- Radius Global targets deployment of at least $400M of acquisition capex in 2023
- Radius Global Infrastructure reports Q4 revenue $37M, consensus $34.72M
- Radius Global Infrastructure call volume above normal and directionally bullish
- EQT close to deal to acquire Radius Global, Bloomberg reports