tiprankstipranks
Focus Financial downgraded to Market Perform from Outperform at Keefe Bruyette
The Fly

Focus Financial downgraded to Market Perform from Outperform at Keefe Bruyette

Keefe Bruyette analyst Kyle Voigt downgraded Focus Financial to Market Perform from Outperform with an unchanged price target of $55. The analyst cites the recent rally in the shares and the company’s agreement with CD&R to be taken private at $53 per share for the downgrade. The firm admits it could be leaving some upside on the table if competing bids develop.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on FOCS:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles