Keefe, Bruyette & Woods Maintains Outperform on First Merchants, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Damon Delmonte has maintained an 'Outperform' rating on First Merchants (NASDAQ:FRME) with a price target of $45.
August 28, 2024 | 3:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Keefe, Bruyette & Woods has reaffirmed its 'Outperform' rating for First Merchants, maintaining a price target of $45. This suggests confidence in the company's performance and potential for stock price appreciation.
The reaffirmation of an 'Outperform' rating and a maintained price target of $45 by a reputable analyst suggests a positive outlook for First Merchants. This could lead to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100