Instructure to be Acquired by KKR for $4.8 Billion
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Jefferies Downgrades Instructure, Inc. (INST) to Hold
July 25, 2024 3:51 PM EDTJefferies analyst Brent Thill downgraded Instructure, Inc. (NYSE: INST) from Buy to Hold with a price target of $23.60 (from $30.00).
The analyst comments "KKR will acquire INST for $23.60 per share, implying a 16% premium to INST's stock price on May 17th (before... More
Needham Downgrades Instructure, Inc. (INST) to Hold
July 25, 2024 12:31 PM EDTNeedham analyst Ryan MacDonald downgraded Instructure, Inc. (NYSE: INST) from Buy to Hold.
The analyst comments "This morning, Instructure (INST) announced it has entered into a definitive agreement to be acquired by KKR for $4.8B, or $23.60 per share. This offer is the... More
