In a report published by Piper Jaffray is discontinuing coverage of J. Crew Group JCG.
Piper Jaffray said that on Monday, March 7, Chinos Holdings, Inc. and Chinos Acquisition Corporation, affiliates of TPG Capital, L.P. and Leonard Green & Partners, L.P., completed its acquisition of J. Crew Group. JCG shareholders received $43.50 in cash per share. “Investors should no longer rely on our last published rating, price target, model, or estimates on J. Crew, as they will not be updated following the discontinuation of coverage date.”
J. Crew Group closed yesterday at $43.51.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.