Deutsche Bank Downgrades Alterra Capital Holdings (ALTE) to Hold; Doesn't See Bidding War
Tweet
Share
E-mailGet Alerts ALTE Hot Sheet
Price: $32.55 --0%
Rating Summary:
2 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Deutsche Bank downgraded Alterra Capital Holdings (NASDAQ: ALTE) from Buy to Hold following the Markel (NYSE: MKL) takeover deal.
"We do not expect a bidding war to ensue with another suitor aiming to buy Alterra at a higher price," the analyst said.
For an analyst ratings summary and ratings history on Alterra Capital Holdings click here. For more ratings news on Alterra Capital Holdings click here.
Shares of Alterra Capital Holdings closed at $28.18 yesterday.
"We do not expect a bidding war to ensue with another suitor aiming to buy Alterra at a higher price," the analyst said.
For an analyst ratings summary and ratings history on Alterra Capital Holdings click here. For more ratings news on Alterra Capital Holdings click here.
Shares of Alterra Capital Holdings closed at $28.18 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wells Fargo Downgrades Roku Inc. (ROKU) to Equal Weight
- Goldman Sachs Downgrades Douglas AG (DOU:GR) to Sell
- Barclays Downgrades Murphy Oil Corp. (MUR) to Underweight
Create E-mail Alert Related Categories
DowngradesRelated Entities
Deutsche BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
