Baird Downgrades Squarespace (SQSP) to Neutral
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JMP Securities Downgrades Squarespace (SQSP) to Market Perform
May 13, 2024 11:39 AM EDTJMP Securities analyst Andrew Boone downgraded Squarespace (NYSE: SQSP) from Market Outperform to Market Perform.
The analyst comments "We are downgrading our rating of Squarespace to Market Perform from Market Outperform after the company announced this morning that it expects to be... More
Midday movers: Intel, Arm, Apple, GameStop rise; Alphabet falls
May 13, 2024 8:05 AM EDT(Updated - May 13, 2024 11:32 AM EDT)
Investing.com -- Main U.S. indexes edged higher Monday, with investors looking forward to more corporate earrings as well as key consumer inflation data.
Here are some of the biggest U.S. stock movers today:
Intel (NASDAQ: INTC) stock rose 3.6% after the WSJ reported that the tech giant was in advanced talks with Apollo... More
Permira to acquire Squarespace (SQSP) in $6.9 billion deal
May 13, 2024 7:31 AM EDTSquarespace, Inc. (NYSE: SQSP) announced Monday that it will be acquired by private equity firm Permira in a deal worth around $6.9 billion.
The agreement, all-cash, will see stockholders receive $44 per share, a 29% premium over the 90-day average trading price.
Founder and CEO... More
Squarespace (SQSP) PT Raised to $45 at Baird
May 13, 2024 7:23 AM EDTBaird analyst Vikram Kesavabhotla raised the price target on Squarespace (NYSE: SQSP) to $45.00 (from $39.00) while maintaining a Outperform rating.... More
Squarespace, Inc. (SQSP) To Go Private For $44/shr In Cash With Permira
May 13, 2024 7:02 AM EDT(Updated - May 13, 2024 7:04 AM EDT)
Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced that it has entered into a definitive agreement to go private by Permira, the global private equity firm, in an all-cash transaction valued at approximately $6.9 billion.
Under the terms of the agreement, Squarespace stockholders will receive $44.00 per share in cash representing a transaction valued at over $6.6 billion on an equity value basis and approximately $6.9 billion on an enterprise value basis. The purchase price represents a premium of approximately 29% over... More
Squarespace (SQSP) PT Raised to $40 at Goldman Sachs
May 13, 2024 6:15 AM EDTGoldman Sachs analyst Gabriela Borges raised the price target on Squarespace (NYSE: SQSP) to $40.00 (from $36.00) while maintaining a Neutral rating.... More
Squarespace (SQSP) PT Raised to $40 at Goldman Sachs
May 10, 2024 6:05 AM EDTGoldman Sachs analyst Gabriela Borges raised the price target on Squarespace (NYSE: SQSP) to $40.00 (from $36.00) while maintaining a Neutral rating.... More
Mizuho Upgrades Squarespace (SQSP) to Buy
May 10, 2024 5:34 AM EDT(Updated - May 10, 2024 7:27 AM EDT)
Mizuho analyst Siti Panigrahi upgraded Squarespace (NYSE: SQSP) from Neutral to Buy with a price target of $50.00 (from $34.00).
The analyst comments "We upgrade Squarespace to a Buy with a $50 PT as we believe the company can deliver... More
