Wolfe Research downgraded Summit Materials (SUM) to Peer Perform from Outperform with no price target after the company agreed to be purchased by Quikrete for $52.50 per share.
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Read More on SUM:
- Summit Materials downgraded to Hold from Buy at Loop Capital
- Summit Materials downgraded to Neutral from Buy at Longbow
- Summit Materials downgraded to Neutral from Buy at Citi
- Macy’s uncovers employee fraud, Summit to be acquired: Morning Buzz
- Summit Materials downgraded to Neutral from Overweight at JPMorgan
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