DA Davidson raised the firm’s price target on Midland States (MSBI) to $24 from $23 and keeps a Neutral rating on the shares after its Q4 results. Earnings missed estimates, but efforts to return the franchise to a core community banking organization with more consistency and credit stability carry the promise of a cleaner 2026, the analyst tells investors in a research note.
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Read More on MSBI:
- Midland States price target raised to $25.50 from $23 at Piper Sandler
- Midland States price target raised to $22 from $19 at Keefe Bruyette
- Midland States reports Q4 adjusted EPS 53c, consensus 75c
- Midland States Bancorp Reports Q4 Loss Amid Portfolio Exit
- MSBI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
