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Akoya Biosciences downgraded to Hold from Buy at Canaccord

Canaccord downgraded Akoya Biosciences (AKYA) to Hold from Buy with a $3.50 price target after Quanterix (QTRX) agreed to acquire Akoya in an all-stock transaction. Following the deal, Quanterix shareholders will own approximately 70% of the combined company and Akoya shareholders will own approximately 30%, on a fully diluted basis.

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