Form DEFA14A MODEL N, INC.

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Needham Downgrades Model N, Inc. (MODN) to Hold

April 9, 2024 5:16 AM EDT

Needham analyst Ryan MacDonald downgraded Model N, Inc. (NYSE: MODN) from Buy to Hold.

The analyst comments "Yesterday morning, Vista Equity Partners announced its intent to acquire Model N (MODN) for $1.25B or approximately $30 per share. This offer is the... More