Jefferies analyst Jonathan Petersen downgraded Radius Global Infrastructure to Hold from Buy with a price target of $15, up from $14, after the company agreed to be acquired for $15 per share in cash by EQT and the Canadian Public Sector Pension Investment Board.
Published first on TheFly
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Read More on RADI:
- Radius Global Infrastructure call volume above normal and directionally bullish
- Radius Global Infrastructure downgraded to Underperform from Strong Buy at Raymond James
- Radius Global Infrastructure downgraded to Neutral from Outperform at Credit Suisse
- Radius Global downgraded to Underperform from Strong Buy at Raymond James
- Radius Global targets deployment of at least $400M of acquisition capex in 2023
