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$LPRO

3 stories mentioning LPROUpdated 50d ago

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Research

DA Davidson Downgrades Open Lending to Neutral From Buy, Adjusts PT to $3.15 From $3

Open Lending (LPRO) has an average rating of hold and mean price target of $2.37, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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Wire

Northland Securities Downgrades Open Lending to Market Perform From Outperform, $3.15 Price Target

Open Lending (LPRO) has an average rating of Hold and mean price target of $2.37, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $3.12, Change: $+1.02, Percent Change: +48.33%

$LPRO
Wire

Open Lending to Go Private in Acquisition Deal With ANV Group

Open Lending (LPRO) said Tuesday that it has agreed to be acquired by ANV Group for $3.15 per share in cash.The companies said the acquisition price represents an approximately 78% premium to Open Lending's 90-day volume-weighted average price as of Monday.Under the deal, ANV will acquire all remaining shares of Open Lending common stock not tendered in the tender offer through a second-step merger, also at $3.15 per share.Once the deal closes, Open Lending will become a privately held company and its shares will no longer be listed on Nasdaq.Price: $2.10, Change: $-0.08, Percent Change: -3.67%

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