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BM Technologies downgraded to Market Perform from Outperform at Northland
The Fly

BM Technologies downgraded to Market Perform from Outperform at Northland

Northland downgraded BM Technologies (BMTX) to Market Perform from Outperform after the company announced that it has entered into a definitive agreement to be acquired by First Carolina Bank for $5.00 per share in an all-cash deal, resulting in an equity value of $67M.

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