Piper Sandler downgraded Squarespace to Neutral from Overweight with a price target of $44, down from $45, after the company entered into a definitive agreement to be taken private by Permira for $44.00 per share in cash.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SQSP:
- M&A News: Squarespace (NYSE:SQSP) Soars After Permira’s $6.9B Buyout
- Squarespace to Go Private in $6.9B All-Cash Transaction with Permira
- Squarespace upgraded to Buy on ‘underappreciated’ growth at Mizuho
- Squarespace upgraded to Buy from Neutral at Mizuho
- Squarespace price target raised to $38 from $35 at RBC Capital