Truist Securities Maintains Buy on MidCap Financial, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Buy rating on MidCap Financial (NASDAQ:MFIC) and increased the price target from $15 to $16.
February 28, 2024 | 3:17 pm
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Truist Securities has maintained a Buy rating on MidCap Financial and raised the price target from $15 to $16.
The maintenance of a Buy rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100