William Blair downgraded Poseida Therapeutics (PSTX) to Market Perform from Outperform after Roche (RHHBY) agreed to acquire Poseida for $13 per share in cash, comprised of $9 per share in cash at closing and a non-tradeable contingent value right to receive up to $4 per share in cash upon achievement of specific milestones.
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Read More on PSTX:
- Poseida Therapeutics downgraded to Neutral from Buy at BTIG
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