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Fly News Breaks for January 14, 2020
INST
Jan 14, 2020 | 07:15 EDT
SunTrust analyst Terry Tillman downgraded Instructure to Hold from Buy with a price target of $47.60, down from $52. The analyst cites the conclusion of the company's Go-Shop period following its announced acquisition by Thoma Bravo on December 4th, and sees the potential for another bidder stepping in before the February 13th shareholder vote as having diminished.
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