JP Morgan Maintains Neutral on MidCap Financial, Raises Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Melissa Wedel maintains a Neutral rating on MidCap Financial (NASDAQ:MFIC) and raises the price target from $14 to $14.5.

February 28, 2024 | 2:46 pm
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JP Morgan analyst Melissa Wedel maintains a Neutral rating on MidCap Financial and raises the price target from $14 to $14.5.
The increase in price target by JP Morgan suggests a positive outlook on MidCap Financial's performance, potentially leading to a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that while there may be positive aspects, there are also factors that prevent a more bullish stance at this time.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90