Keefe, Bruyette & Woods Downgrades Mercantile Bank Corporation (MBWM) to Market Perform

November 29, 2016 7:30 AM EST
Get Alerts MBWM Hot Sheet
Price: $32.49 +1.06%

Rating Summary:
    1 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 29 | Down: 30 | New: 23
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Keefe, Bruyette & Woods downgraded Mercantile Bank Corporation (NASDAQ: MBWM) from Outperform to Market Perform with a price target of $35.00 (from $30.00).

For an analyst ratings summary and ratings history on Mercantile Bank Corporation click here. For more ratings news on Mercantile Bank Corporation click here.

Shares of Mercantile Bank Corporation closed at $33.24 yesterday.

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