KeyBanc Downgrades Pros Holdings Amid Acquisition by Thoma Bravo

Core Viewpoint - KeyBanc downgraded PROS Holdings from Overweight to Sector Weight amid the announcement of its acquisition by Thoma Bravo for approximately $1.4 billion [1][5] Company Summary - PROS Holdings is a software company specializing in AI-powered SaaS pricing and selling solutions, indicating its strategic importance and growth potential in the software industry [2] - The acquisition deal values PROS at $1.4 billion, with shareholders set to receive $23.25 per share in cash [2][5] - The market capitalization of PROS Holdings is approximately $1.1 billion, with a trading volume of 6,801,277 shares [4] Stock Performance - Following the downgrade, PROS Holdings' stock price decreased slightly by approximately 0.72%, closing at $22.85, with a trading range of $22.82 to $23 during the day [3][5] - Over the past year, the stock has experienced significant volatility, with a high of $29.84 and a low of $13.61 [3]