Needham & Company Downgrades SolarWinds (SWI) to Hold Following Takeover
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Price: $18.49 --0%
Rating Summary:
9 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
9 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Needham & Company downgraded SolarWinds (NYSE: SWI) from Buy to Hold after the company announced it will be acquired by Thoma Bravo and Silver Lake for approximately $4.5B in cash, or $60.10 per share.
For an analyst ratings summary and ratings history on SolarWinds click here. For more ratings news on SolarWinds click here.
Shares of SolarWinds closed at $50.20 yesterday.
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