DA Davidson raised the firm’s price target on Meridian Bank (MRBK) to $19 from $17 and keeps a Buy rating on the shares. Net interest margin expansion in Q2 was more-than-expected with continued solid loan growth that kept the above-peer high-single-digit growth outlook on track in 2025, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRBK: