Piper Sandler Maintains Overweight on First Mid Bancshares, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Rice maintains an Overweight rating on First Mid Bancshares (NASDAQ:FMBH) but lowers the price target from $39 to $38.
April 29, 2024 | 1:01 pm
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Piper Sandler maintains an Overweight rating on First Mid Bancshares but lowers the price target from $39 to $38.
The adjustment in price target by Piper Sandler, while maintaining an Overweight rating, suggests a positive outlook on FMBH but with a slightly reduced growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the minor adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100