BofA is moving to No Rating on TTEC Holdings after the company announced that it has received a bid to be taken private by its founder and CEO at $6.85 per share. Following the bid, the firm believes that the stock is no longer trading on fundamentals, the analyst tells investors.
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Read More on TTEC:
- TTEC Holdings upgraded to Neutral from Sell at Guggenheim
- Morning Movers: Stellantis skids following FY24 guidance cut
- TTEC Holdings CEO Proposes Going Private at Premium Price
- TTEC Holdings receives unsolicited proposal from CEO to be taken private
- TTEC Holdings price target lowered to $4.50 from $8 at Canaccord
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