William Blair downgraded Snap One (SNPO) to Market Perform from Outperform after Resideo (REZI) announced a definitive agreement to acquire Snap One for $10.75 per share in cash.
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Read More on SNPO:
- Resideo to Acquire Snap One to Expand Presence in Smart Living Products and Distribution
- Snap One price target raised to $12 from $11 at Truist
- Snap One Holdings Corp. Reports Earnings: Did it Beat Estimate Forecasts?
- Snap One sees FY24 revenue $1.06B-$1.13B, consensus $1.06B
- Snap One reports Q4 EPS (8c), consensus 11c
