PayPal to Acquire Xoom
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Buckingham Research Downgrades Xoom Corporation (XOOM) to Neutral
July 2, 2015 9:33 AM EDTBuckingham Research downgraded Xoom Corporation (NASDAQ: XOOM) from Buy to Neutral with a price target of $25.00 (from $32.00).
For an analyst ratings summary and ratings history on Xoom Corporation click here. For more ratings news on Xoom Corporation click here.
Shares of Xoom Corporation closed at $20.70 yesterday.
... MoreSusquehanna Downgrades Xoom Corporation (XOOM) to Neutral
July 2, 2015 9:32 AM EDTSusquehanna downgraded Xoom Corporation (NASDAQ: XOOM) from Positive to Neutral with a price target of $24.00 (from $31.00).
For an analyst ratings summary and ratings history on Xoom Corporation click here. For more ratings news on Xoom Corporation click here.
Shares of Xoom Corporation closed at $20.70 yesterday.
... MoreBaird Downgrades Xoom Corporation (XOOM) to Neutral
July 2, 2015 9:17 AM EDTBaird downgraded Xoom Corporation (NASDAQ: XOOM) from Outperform to Neutral.
For an analyst ratings summary and ratings history on Xoom Corporation click here. For more ratings news on Xoom Corporation click here.
Shares of Xoom Corporation closed at $20.70 yesterday.
... MoreCompass Point Upgrades Xoom Corporation (XOOM) to Neutral Amid Takeover
July 2, 2015 7:48 AM EDTCompass Point upgraded Xoom Corporation (NASDAQ: XOOM) from Sell to Neutral with a price target of $25.00 (from $11.00).
Analyst Michael Tarkan commented, "
We are raising shares of XOOM to Neutral, from Sell, and increasing our price target to $25, from $11, after the company agreed to be acquired by PayPal... More
Xoom (XOOM) to Resume Trading at 6:00 PM
July 1, 2015 5:44 PM EDTXoom (NASDAQ: XOOM) to Resume Trading at 6:00 PM
... MorePayPal (PYPL) to Acquire Xoom (XOOM) in $890M Deal
July 1, 2015 5:33 PM EDTPayPal, Inc. (Nasdaq: PYPL) and Xoom Corporation (Nasdaq: XOOM) announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or an approximate $890 million enterprise value. The transaction represents a premium of 32% over Xooms three-month volume-weighted average price and was unanimously approved by the Boards of Directors of both companies, as well as the Board of eBay Inc., PayPals parent company.
Xoom is a leader in international remittances enabling customers in the United States to send money to, and pay... More
