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Duck Creek downgraded to Market Perform from Outperform at Raymond James
The Fly

Duck Creek downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Alexander Sklar downgraded Duck Creek Technologies to Market Perform from Outperform without a price target following the company’s $2.6B acquisition by Vista Partners. He believes the multiple on the takeout represents a fair value for Duck Creek and does not see a potentially higher bid emerging.

Published first on TheFly

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