RBC Capital Maintains Sector Perform on MidCap Financial, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee maintains a Sector Perform rating on MidCap Financial (NASDAQ:MFIC) and raises the price target from $14 to $15.
February 28, 2024 | 3:25 pm
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RBC Capital analyst Kenneth Lee maintains a Sector Perform rating on MidCap Financial and raises the price target from $14 to $15.
The increase in price target by RBC Capital suggests a positive outlook on MidCap Financial's stock, potentially leading to a short-term increase in its stock price. The maintenance of a Sector Perform rating indicates that the analyst views the company as adequately valued at its current price but sees potential for growth to the new target.
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