JPMorgan analyst Andrew Steinerman downgraded Sterling Check to Neutral from Overweight with a $17 price target after the company entered into an agreement to be acquired by First Advantage (FA) for $2.2B, including debt.
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Read More on STER:
- Sterling Check and First Advantage Landmark Merger Deal
- Sterling Reports Fourth Quarter and Full Year 2023 Results
- Sterling Check reports Q4 adjusted EPS 21c, consensus 25c
- First Advantage to acquire Sterling Check for $2.2B in cash and stock
- Sterling to Report Fourth Quarter 2023 Earnings Results and Host Conference Call on March 6, 2024