Piper Sandler downgraded Rapt Therapeutics (RAPT) to Neutral from Overweight with a price target of $58, down from $95, after GSK (GSK) announced an agreement to acquire Rapt for $58 per share in cash.
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Read More on RAPT:
- Rapt Therapeutics downgraded to Hold from Buy at Clear Street
- GSK to Acquire RAPT Therapeutics in Cash Merger
- GSK to acquire Rapt Therapeutics for $58.00 per share
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- RAPT Therapeutics Showcases Ozureprubart Progress, Strengthened Outlook
