Baird Downgrades Xoom Corporation (XOOM) to Neutral
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Susquehanna 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.
... 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
