Wolfe Research analyst Keegan Carl downgraded Tricon Residential to Peer Perform from Outperform and removed the firm’s prior price target given the agreement to go private with a bid from Blackstone Real Estate. The firm does not expect a topping bid, the analyst tells investors.
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- Tricon Residential downgraded to Neutral from Buy at Citi
- Tricon Residential downgraded to Market Perform from Strong Buy at Raymond James
- Tricon Residential acquired by Blackstone for $11.25 per share in cash
- Tricon Residential downgraded to Market Perform from Outperform at BMO Capital
- Tricon Residential rises 27.9%
