Credit Suisse Downgrades Apigee (APIC) to Neutral Amid Pending Acquisition

Credit Suisse downgraded Apigee (NASDAQ: APIC) from Outperform to Neutral with a price target of $17.40 after the comapny agreed to be acquired by Google for $17.40/share.

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

Shares of Apigee closed at $17.45 yesterday.

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