Rosenblatt downgraded Brightcove (BCOV) to Neutral from Buy with a $4.45 price target after the company entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at $233M or $4.45 per share.
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Read More on BCOV:
- Brightcove to be acquired by Bending Spoons for $4.45 per share in cash
- Brightcove upgraded to Buy from Hold at Lake Street
- Brightcove Reports Strong Q3 2024 Results
- Brightcove reports Q3 adjusted EPS 2c, two estimates (4c)
- Brightcove sees Q4 EPS (4c)-(1c), two estimates (3c)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
