Keefe Bruyette analyst Paul Johnson lowered the firm’s price target on MidCap Financial (MFIC) to $11.50 from $13 and keeps a Market Perform rating on the shares. MidCap Financial had a “tough” quarter due to some credit deterioration, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MFIC: