Evercore ISI Group analyst Brennan Hawken downgrades Evercore (NYSE:EVR) from Neutral to Sell and lowers the price target from $99 to $85.
What’s Going On With Sports Products Maker Vista Outdoor Stock Today?
Vista Outdoor shares rose after its Board rejected MNC Capital's acquisition proposal, stating it undervalued the company. Additionally, Vista Outdoor received a $2 billion takeover interest for its Kinetic Group from a U.S.-based private investment firm. The Board believes this offer could lead to a superior proposal.