Roth Capital downgraded Thermon Group (THR) to Neutral from Buy with a $51 price target after the company entered into an agreement to be acquired by Ceco Environmental (CECO).
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Read More on THR:
- Thermon downgraded to Market Perform from Outperform at William Blair
- Thermon Group Announces $2.2 Billion Merger With CECO
- Ceco Environmental, Thermon Group to merge in $2.2B stock, cash transaction
- Thermon: Reaccelerating Large-Project Growth and Emerging Power & LNG Upside Support a Buy Rating
- Thermon’s Earnings Call Signals Profitable Growth Ahead