Squarespace downgraded by B. Riley Securities with a new price target
$SQSP
Computer Software: Prepackaged Software
Technology
B. Riley Securities downgraded Squarespace from Buy to Neutral and set a new price target of $43.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | $44.00 | Outperform → Neutral | Mizuho |
| 6/11/2024 | $43.00 | Buy → Neutral | B. Riley Securities |
| 5/10/2024 | $34.00 → $50.00 | Neutral → Buy | Mizuho |
| 3/27/2024 | $40.00 | Outperform | Raymond James |
| 3/4/2024 | $30.00 → $39.00 | Neutral → Outperform | Robert W. Baird |
| 1/24/2024 | $40.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 10/24/2023 | $35.00 | Buy | Seaport Research Partners |
| 9/26/2023 | $35.00 | Buy | BofA Securities |
Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock of Squarespace, Inc. (NYSE:SQSP). The tender offer expired one minute after 11:59 p.m., New York City time, on October 11, 2024. As of expiration, 46,971,451 shares had been validly tendered and not withdrawn from the tender offer. The tendered shares together with the shares rolled over, or sold directly, by affiliates of Anthony Casalena, General Atlantic and Accel represent approximately 97.5 percent of the aggregate voting power of Squarespace's total outstanding shares, 84.4 percent of the aggregate voting power of Squarespace's total outstanding
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Squarespace (NYSE:SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced Refresh 2024, its annual release of new products, features, and updates that empower entrepreneurs to unlock their creativity and take their business to the next level. As AI becomes more prevalent, Squarespace is dedicated to helping entrepreneurs harness this technology to enhance their creativity and simplify their business operations so they can focus on their passions. Squarespace is excited to introduce Des
Stockholders to receive an increase of $2.50 per share over the previously announced transaction Purchase price reflects a 36% premium over the 90-day volume weighted average trading price of $34.09, on May 10, 2024, the last trading day prior to the announcement of the original transaction Amended transaction represents 'best and final' offer and provides enhanced, immediate and certain value to Squarespace stockholders Permira to commence tender offer for all of Squarespace's outstanding shares Amended terms unanimously approved by an independent special committee of Squarespace's Board of Directors NEW YORK, Sept. 9, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE:SQSP) and Permira today ann
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