Looking to play a potential Onyx (ONXX +0.4%) takeout for a monster gain? You've probably missed the boat, Deutsche Bank says, cutting the shares to Hold from Buy (PT $140). "Acquisition seems likely at this point and we are taking our PT up to reflect this view," analyst Robyn Karnauskas says. However, Karnauskas believes the M&A premium will likely be just 11%, notably lower than projections made earlier in the month by other firms.