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.
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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