Noble Capital analyst Joe Gomes downgraded Steelcase (SCS) to Market Perform from Outperform after HNI Corporation (HNI) agreed to acquire Steelcase in a cash and stock transaction.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCS: