Keefe, Bruyette & Woods Reiterates Outperform on First Merchants, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Damon Delmonte has reiterated an Outperform rating for First Merchants (NASDAQ:FRME) and raised the price target from $43 to $45.
July 29, 2024 | 2:53 pm
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Keefe, Bruyette & Woods analyst Damon Delmonte has reiterated an Outperform rating for First Merchants (NASDAQ:FRME) and raised the price target from $43 to $45.
The reiteration of an Outperform rating and the increase in the price target from $43 to $45 by a reputable analyst is likely to positively impact the stock price of First Merchants in the short term. This indicates confidence in the company's performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100