Piper Sandler downgraded Vimeo (VMEO) to Neutral from Overweight with a price target of $7.85, up from $7, after the company entered into an agreement to be acquired by Bending Spoons in an all-cash transaction valued at $1.38B or $7.85 per share.
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 VMEO:
