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BMO Capital raised the Target Price for TPG to 73 dollars.
Gelonghui, December 26 | BMO Capital: Raised TPG's Target Price from $60 to $73, maintaining an "in line with the market" rating. (Gelonghui)
Express News | KBW: Raised TPG's Target Price from $62 to $70, maintaining a "Market Perform" rating.
TPG is reportedly in negotiations to acquire the solar developer Altus Power.
GLONGHUI, December 24 | According to Reuters, the climate investment division of alternative asset management company TPG is in talks to acquire Altus Power, a company that provides solar energy for commercial properties and homes, according to Reuters, citing people familiar with the matter. If negotiations are successful, the two sides are likely to sign an agreement in the next few weeks. Boosted by this news, Altus's stock price once surged more than 23% in the intraday session on Monday, and eventually closed up nearly 15%, with a total market capitalization of over 0.65 billion US dollars.
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Sector Update: Energy
Update: Market Chatter: Altus Power Shares Gain Amid Talks to Be Acquired by TPG
Express News | Exclusive-TPG Is in Talks to Acquire Altus Power , Sources Say
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KBW Maintains TPG Inc(TPG.US) With Hold Rating, Raises Target Price to $70
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BMO Capital Maintains TPG Inc(TPG.US) With Hold Rating, Raises Target Price to $73
TPG Is Maintained at Market Perform by Keefe, Bruyette & Woods
Express News | TPG Inc : KBW Raises Target Price to $70 From $62
TPG is negotiating to acquire the fiber division of Crown Castle.
Gelonghui, December 20 | According to Reuters citing informed sources, alternative Asset Management company TPG is in-depth negotiations to acquire the fiber optic division of tower operator Crown Castle for approximately 8 billion dollars. Sources say the deal could be announced in a few weeks.
Market Chatter: TPG in Advanced Discussions to Acquire Crown Castle's Fiber Business
Express News | Crown Castle Shares Extend After the Bell Gains, Last up 6.9% at $97
Express News | TPG in Advanced Talks to Buy Crown Castle Fiber Unit for $8 Billion - Bloomberg News
BMO Capital Maintains Market Perform on TPG, Raises Price Target to $73