Baird analyst Rob Oliver downgraded UserTesting to Neutral from Outperform with a price target of $7.50, down from $8, after the company announced it will be acquired by Thoma Bravo and Sunstone Partners for $7.50 per share. The analyst cites the takeout for the downgrade.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on USER: