Lake Street downgraded Zuora (ZUO) to Hold from Buy with a $10 price target after the company announced an agreement to be acquired by Silver Lake in partnership with an affiliate of GIC in a transaction valued at $1.7B, or $10 per share.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZUO: