Stephens & Co. Maintains Overweight on First Merchants, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Terry McEvoy maintains an Overweight rating on First Merchants (NASDAQ:FRME) and raises the price target from $40 to $45.
July 26, 2024 | 5:40 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stephens & Co. analyst Terry McEvoy maintains an Overweight rating on First Merchants and raises the price target from $40 to $45.
The raised price target and maintained Overweight rating from a reputable analyst are positive signals for investors, likely leading to a short-term increase in FRME's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100