Alliance Global Partners analyst Brian Kinstlinger downgraded AgileThought to Sell from Buy and remove the firm’s previous price target after AgileThought declared bankruptcy. The company will go private with Blue Torch agreeing to be the stalking horse buyer, the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AGIL:
- AgileThought Announces Strategic Financial Restructuring to Strengthen Financial Future
- AgileThought price target lowered to $1.25 from $2 at Alliance Global
- AgileThought reports Q2 adjusted EPS (13c), consensus (9c)
- AgileThought Reports Second Quarter 2023 Financial Results
- AgileThought CFO Amit Singh resigns, Carolyne Cesar succeeds