Northland downgraded Talkspace (TALK) to Market Perform from Outperform with a price target of $5.25, down from $7, after the company announced it will be acquired by Universal Health Services (UHS) for $5.25 per share.
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Read More on TALK:
- Talkspace: Hold Rating as Takeout Valuation Caps Upside at $5.25 per Share
- Teladoc price target raised to $8.25 from $7 at BofA
- Talkspace price target lowered to $5.25 from $5.50 at Barclays
- Talkspace downgraded to Sector Weight from Overweight at KeyBanc
- Talkspace to be Acquired by Universal Health Services