Citi analyst predicts a potential bidding war for the takeov...

Moomoo AI Feb 26, 2024 22:19

Citi analyst predicts a potential bidding war for the takeover offer, valuing the company at 11-14x 2025 EBITDA, equivalent to a stock price of $15-$20 a share. He also anticipates R1 to finalize a transaction due to low public market trading levels.

R1 RCM Surges After New Mountain $13.75 a Share Takeover Offer

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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