Piper Sandler Maintains Neutral on Midland States Bancorp, Lowers Price Target to $24.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race has maintained a Neutral rating on Midland States Bancorp (MSBI) and lowered the price target from $26 to $24.5.
April 30, 2024 | 12:25 pm
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Piper Sandler maintains a Neutral rating on Midland States Bancorp and lowers the price target from $26 to $24.5.
The reduction in the price target by Piper Sandler suggests a bearish outlook on the stock's short-term price movement. Given the analyst's influence, this adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100