Wells Fargo Maintains Overweight on MidCap Financial, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea maintains an Overweight rating on MidCap Financial (NASDAQ:MFIC) but lowers the price target from $15 to $14.
October 29, 2024 | 2:31 pm
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Wells Fargo has maintained its Overweight rating on MidCap Financial but has lowered the price target from $15 to $14, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in MFIC's performance, but the lowered price target indicates a tempered outlook, which could lead to a slight negative impact on the stock price.
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IMPORTANCE 80
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