Benchmark Cuts Clarient (CLRT) to Hold Following GE Deal
CLRT Hot Sheet
Rating Summary:0 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 22
Benchmark has just downgraded shares of Clarient (Nasdaq: CLRT) on the heels of news from this morning that a GE unit has offered to acquire the company in a $580 million deal.
Shares of Clarient have rallied more than 33% today amid the M&A action.
Benchmark now rates CLRT shares a Hold, down from Buy previously. The firm raised its price target on the stock from $4 to $5.
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Shares of Clarient have rallied more than 33% today amid the M&A action.
Benchmark now rates CLRT shares a Hold, down from Buy previously. The firm raised its price target on the stock from $4 to $5.
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