B. Riley Downgrades DTS Inc. (DTSI) to Neutral Following Takeover

September 21, 2016 6:12 AM EDT
Get Alerts DTSI Hot Sheet
Price: $42.28 -0.09%

Rating Summary:
    3 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 14 | Down: 19 | New: 11
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B. Riley downgraded DTS Inc. (NASDAQ: DTSI) from Buy to Neutral with a price target of $42.50 (from $37.00) after the board approved a definitive agreement to be acquired by Tessera Technologies for $42.50 per share in cash.

For an analyst ratings summary and ratings history on DTS Inc. click here. For more ratings news on DTS Inc. click here.

Shares of DTS Inc. closed at $42.24 yesterday.

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