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Fly News Breaks for December 5, 2019
INST
Dec 5, 2019 | 06:19 EDT
Citi analyst Nithin Pejaver downgraded Instructure to Neutral from Buy with a price target of $47.60, down from $55. The analyst believes shareholders are unlikely to reject Thoma Bravo's takeover and he sees a competing bid as unlikely.
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