RE:RJ's Sadowski ...mesa1 wrote: "The downgrade and new target reflects the merger, share ratio and short timeline to close - we only maintain buy if we think there's a strong chance of another bid. We just did the same thing on Romarco following Oceana last week. It's not reflective of our view on merger or company (we've been buy/top pick since launch) - simply a revision to match the deal metrics. Feel free to forward to the shareholder."
Devasting comment when it comes to "deal metrics". Clearly RJ does not like this merger.