Susquehanna downgraded National Instruments to Neutral from Positive with a $60 price target after the company entered into a definitive agreement under which Emerson will acquire it for $60 per share in cash.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on NATI:
- Emerson went against word by buying NATI, says Deutsche Bank
- National Instruments downgraded to Equal Weight at Morgan Stanley
- Emerson (NYSE:EMR) Acquires National Instruments for $60 a Share
- Emerson Electric sees $165M of cost synergies by year 5 from NI acquisition
- Emerson Electric sees National Instruments acquisition ‘immediately accretive’