tiprankstipranks
The Fly

Mercantile Bank price target raised to $57 from $56 at Keefe Bruyette

Mercantile Bank price target raised to $57 from $56 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Mercantile Bank (MBWM) to $57 from $56 and keeps an Outperform rating on the shares following the Q4 report. The firm says a more favorable margin guidance drives its estimates higher.

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1