PetIQ, Inc. (PETQ) Acquired by Bansk Group for $31/sh Cash or $1.5B

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Truist Securities Downgrades PetIQ Inc. (PETQ) to Hold

August 8, 2024 6:01 AM EDT

Truist Securities analyst Bill Chappell downgraded PetIQ Inc. (NASDAQ: PETQ) from Buy to Hold with a price target of $31.00 (from $30.00).

The analyst comments "Yesterday, PetIQ (PETQ) announced a definitive agreement to be acquired by Bansk Group (Private) for $31 a share. This all-cash... More