Piper Sandler Maintains Overweight on First Merchants, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains an Overweight rating on First Merchants (NASDAQ:FRME) and raises the price target from $41 to $50.
July 29, 2024 | 1:06 pm
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Piper Sandler analyst Nathan Race maintains an Overweight rating on First Merchants (NASDAQ:FRME) and raises the price target from $41 to $50.
The raised price target and maintained Overweight rating by Piper Sandler are positive signals for investors, likely leading to a short-term increase in FRME's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100