Citigroup Maintains Neutral on MidCap Financial, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Arren Cyganovich has maintained a Neutral rating on MidCap Financial (NASDAQ:MFIC) and increased the price target from $13 to $14.

February 28, 2024 | 6:54 pm
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Citigroup has maintained a Neutral rating on MidCap Financial and raised the price target from $13 to $14.
The increase in price target by Citigroup, a major financial institution, suggests a positive outlook on MidCap Financial's stock value in the short term. Although the rating remains Neutral, the raised target indicates an expectation of some upward movement in the stock's price, likely influencing investor sentiment positively.
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