Raymond James Initiates Coverage On Middlefield Banc with Market Perform Rating
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Daniel Tamayo has initiated coverage on Middlefield Banc (NASDAQ:MBCN) with a Market Perform rating.

August 31, 2023 | 11:24 am
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NEUTRAL IMPACT
Middlefield Banc (NASDAQ:MBCN) has been initiated with a Market Perform rating by Raymond James.
The initiation of coverage by Raymond James with a Market Perform rating suggests that the analyst believes the stock will perform similarly to other companies in the market over the short term. This could potentially attract investors who follow Raymond James' recommendations, but it's not a strong buy or sell signal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100