Wedbush downgraded Verint (VRNT) to Neutral from Outperform with a $20.50 price target after the company agreed to be acquired by Thoma Bravo for $20.50 per share in cash.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRNT:
- Verint Shareholders Get $20.50 Per Share in $2 Billion Thoma Bravo Buyout
- Verint Systems Announces Acquisition by Calabrio
- Verint downgraded to Sector Perform from Outperform at RBC Capital
- Verint downgraded to Hold from Buy at Needham
- Keurig Dr Pepper buys JDE Peet’s, Thoma Bravo to acquire Verint: Morning Buzz