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Rover Group downgraded to Market Perform from Outperform at JMP Securities

Rover Group downgraded to Market Perform from Outperform at JMP Securities

JMP Securities downgraded Rover Group (ROVR) to Market Perform from Outperform after the company agreed to be acquired by private equity funds managed by Blackstone (BX) in an all-cash transaction valued at approximately $2.3B, or $11 per share.

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