DA Davidson Maintains Neutral on Midland States Bancorp, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Jeff Rulis maintains a Neutral rating on Midland States Bancorp (NASDAQ:MSBI) and raises the price target from $21 to $25.
August 04, 2023 | 9:46 am
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NEUTRAL IMPACT
DA Davidson maintains a Neutral rating on Midland States Bancorp and raises the price target from $21 to $25. This could potentially attract investors.
The news directly pertains to Midland States Bancorp (MSBI). The raised price target indicates a positive outlook by the analyst, which could potentially attract investors. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months, which is why the score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100