DA Davidson analyst Peter Heckmann downgraded Duck Creek Technologies to Neutral from Buy with a price target of $19, down from $22. The analyst cites the expiration of the "go-shop" period and expects the company’s previously announced acquisition by Vista Equity Partners to close in the second quarter of 2023 following the approval by Duck Creek’s stockholders and U.S. antitrust clearance.
Published first on TheFly
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