Maxar Technologies downgraded to Hold from Buy at Canaccord

Canaccord analyst Austin Moeller downgraded Maxar Technologies to Hold from Buy with a price target of $53, up from $34, after Maxar agreed to be acquired by Advent International in a $53 per share all-cash transaction that values the company at an enterprise value of approximately $6.4B.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on MAXR:

• MAXR Soars on Takeover by Advent
• Maxar Technologies downgraded to Hold from Buy at Truist
• Maxar Technologies to be acquired by Advent International for $6.4B in cash
• Maxar Technologies: NOAA modifies Maxar’s remote sensing license