Wells Fargo Maintains Overweight on MidCap Financial, Raises Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Overweight rating on MidCap Financial (NASDAQ:MFIC) and increased the price target from $13 to $14.5.
January 29, 2024 | 2:57 pm
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Wells Fargo analyst Timothy O'Shea reaffirmed an Overweight rating on MidCap Financial and raised the price target to $14.5, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Timothy O'Shea suggests a bullish outlook on MidCap Financial, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 85
RELEVANCE 100