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Midland States price target raised to $24 from $23 at DA Davidson

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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