Main Street price target raised to $67 from $52 at RBC Capital

RBC Capital raised the firm’s price target on Main Street (MAIN) to $67 from $52 and keeps an Outperform rating on the shares after its Q2 earnings beat. The firm sees the company’s net interest income potentially benefiting from incremental portfolio ramp and contribution from dividend income, partly offset by potential decline in asset yields, given rate outlook which assumes Fed-driven rate reductions mainly in 2026, the analyst tells investors in a research note.