Raymond James Maintains Strong Buy on Merchants Bancorp, Raises Price Target to $41
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Daniel Tamayo has maintained a Strong Buy rating on Merchants Bancorp (NASDAQ:MBIN) and raised the price target from $38 to $41.
July 31, 2023 | 11:40 am
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POSITIVE IMPACT
Merchants Bancorp's price target has been raised from $38 to $41 by Raymond James, maintaining a Strong Buy rating.
The news of Raymond James maintaining a Strong Buy rating and raising the price target for Merchants Bancorp is likely to instill confidence in investors and could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100