Keefe Bruyette upgraded Macatawa Bank (MCBC) to Outperform from Market Perform with a price target of $15, up from $12. The firm upgraded the shares to align Macatawa with its rating on Wintrust Financial (WTFC), given its proposed sale.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCBC: