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Fly News Breaks for June 25, 2019
NSIT, PCMI
Jun 25, 2019 | 07:50 EDT
Roth Capital analyst William Gibson downgraded PCM, Inc. (PCMI) to Neutral from Buy after Insight Enterprises (NSIT) agreed to acquire the company for $35 per share or $474M. The analyst expects the acquisition to be approved. Gibson also trimmed his price target on PCM, Inc.'s shares to $35 from $36.
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