Barclays analyst Michael Leithead raised the firm’s price target on Univar to $36 from $33 and keeps an Equal Weight rating on the shares after the company reached an agreement to be acquired by Apollo. The analyst thinks the deal is a solid outcome for shareholders and says another higher bid is unlikely.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on UNVR: