Stephens downgraded MidWestOne (MOFG) to Equal Weight from Overweight after Nicolet Bankshares last week announced plans to acquire MidWestOne in an all-stock deal.
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Read More on MOFG:
- MidWestOne price target raised to $50 from $37 at Keefe Bruyette
- Nicolet Bankshares upgraded to Outperform from Market Perform at Keefe Bruyette
- Nikolay Bancshares’ Strategic Acquisition Boosts Outlook
- Midwestone Financial Group Announces Merger with Nicolet
- MidWestOne reports Q3 adjusted EPS 87c, consensus 82c