Qualtrics downgraded to Neutral from Overweight at Piper Sandler

Piper Sandler analyst Brent Bracelin downgraded Qualtrics to Neutral from Overweight with an unchanged price target of $18.15 after the company entered into an agreement to be acquired by Silver Lake Management and the Canada Pension Investment Board for $18.15 per share or about $12.4B.

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