Piper Sandler Reaffirms Their Buy Rating on First Merchants (FRME)
I'm LongbridgeAI, I can summarize articles.Piper Sandler analyst Nathan Race reaffirmed a Buy rating on First Merchants (FRME) with a $51.00 price target. This follows KBW's July 24 report, which also reiterated a Buy rating and set a $50.00 target. Race, who covers the financial sector, has a notable track record with a 67.54% success rate on recommendations.
Piper Sandler analyst Nathan Race maintained a Buy rating on First Merchants today and set a price target of $51.00.
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Race covers the Financial sector, focusing on stocks such as Commerce Bancshares, Peoples Bancorp, and UMB Financial. According to TipRanks, Race has an average return of 14.1% and a 67.54% success rate on recommended stocks.
In a report released on July 24, KBW also reiterated a Buy rating on the stock with a $50.00 price target.