RBC Capital lowered the firm’s price target on MidCap Financial (MFIC) to $13 from $14 and keeps a Sector Perform rating on the shares. The firm is updating its model after the company’s Q1 results, including its asset yield and funding costs based on an updated rate outlook, the analyst tells investors in a research note.
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Read More on MFIC:
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- MidCap Financial price target lowered to $14.50 from $15 at Keefe Bruyette