Piper Sandler downgraded Poseida Therapeutics (PSTX) to Neutral from Overweight with an unchanged price target of $10 following Roche’s announced acquisition for $9 per share in cash and $4 per share contingent rights value.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSTX:
- Poseida Therapeutics (NASDAQ:PSTX) Stock Skyrockets on News of Roche Holdings Acquisition
- Trump threatens tariffs, Zoom reports Q3 beat: Morning Buzz
- Poseida Therapeutics downgraded to Neutral from Buy at H.C. Wainwright
- Poseida downgraded to Market Perform from Outperform at William Blair
- Poseida Therapeutics downgraded to Neutral from Buy at BTIG