Needham & Company Downgrades Vascular Solutions (VASC) to Hold Amid Takeover
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Price: $56.00 --0%
Rating Summary:
0 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
Rating Summary:
0 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
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Needham & Company downgraded Vascular Solutions (NASDAQ: VASC) from Buy to Hold after the company agreed to be acquired by Teleflex (TFX).
"... we think another buyer is unlikely despite the small premium," analyst Mike Matson said.
For an analyst ratings summary and ratings history on Vascular Solutions click here. For more ratings news on Vascular Solutions click here.
Shares of Vascular Solutions closed at $55.10 yesterday.
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