Credit Suisse analyst Grant Joslin downgraded Radius Global Infrastructure to Neutral from Outperform with a price target of $15, down from $18, consistent with the current acquisition offer price after Radius announced it had agreed to be acquired by EQT and PSP for $15 per share.
Published first on TheFly
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Read More on RADI:
- Radius Global downgraded to Underperform from Strong Buy at Raymond James
- Radius Global targets deployment of at least $400M of acquisition capex in 2023
- Radius Global Infrastructure reports Q4 revenue $37M, consensus $34.72M
- Radius Global Infrastructure call volume above normal and directionally bullish
- EQT close to deal to acquire Radius Global, Bloomberg reports