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Altair downgraded to Hold from Buy at Loop Capital
The Fly

Altair downgraded to Hold from Buy at Loop Capital

Loop Capital downgraded Altair (ALTR) to Hold from Buy with a price target of $113, up from $100, after the company entered into a definitive agreement to be acquired by Siemens for $10.6B in cash transaction or $113.00 per share.

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