Keefe, Bruyette & Woods Maintains Market Perform on Midland States Bancorp, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Damon Delmonte maintains a Market Perform rating on Midland States Bancorp (MSBI) and lowers the price target from $28 to $26.
April 30, 2024 | 1:28 pm
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Keefe, Bruyette & Woods maintains a Market Perform rating on Midland States Bancorp and lowers the price target from $28 to $26.
The reduction in price target by Keefe, Bruyette & Woods suggests a bearish outlook on MSBI's short-term price potential, likely due to revised earnings expectations or market conditions. This adjustment could lead to a negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100