Cyclo Therapeutics downgraded to Hold from Buy at Maxim

Written by Emily J. Thompson, Senior Investment Analyst

CYTH%

Updated: Aug 27 2024

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Maxim's Downgrade: Maxim has downgraded Cyclo Therapeutics (CYTH) from Buy to Hold following the announcement of a merger agreement with Rafael Holdings (RFL).
Merger Details: Rafael Holdings has agreed to acquire Cyclo Therapeutics for $0.95 per share.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Cyclo Therapeutics downgraded to Hold from Buy at Maxim

About the author

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