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Fly News Breaks for January 9, 2019
MB
Jan 9, 2019 | 08:40 EDT
Jefferies analyst Brent Thill downgraded Mindbody to Hold from Buy citing the pending acquisition by Vista Equity for $36.50 per share. The analyst does not expect a higher bid to emerge during the 30-day go-shop period. He lowered his price target for the shares to $36.50 from $42.
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