KeyBanc Downgrades Pros Holdings Amid Acquisition by Thoma Bravo
KeyBanc downgraded Pros Holdings (NYSE: PRO) from an Overweight rating to a Sector Weight rating following the announcement of its acquisition by Thoma Bravo.The deal, valued at approximately 23.25 per share in cash.Despite the downgrade, PROS Holdings' stock price reflects a slight decrease, indicating the market's reaction to the acquisition and the company's volatility over the past year. ...