First Midwest Bancorp (FMBI) Shares Rebounding on Analyst Upgrade
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Shares of First Midwest Bancorp (Nasdaq: FMBI) are bouncing today amid an upgrade from an analyst over at SunTrust Robinson Humphrey. The firm moved its investment rating on the stock from Neutral to Buy, also setting a $14 price target.
Falling nearly 5% yesterday on somewhat-light Q3 results, FMBI shares are up about 3% to $10.77 today.
First Midwest Bancorp, Inc. operates as the holding company for First Midwest Bank, which provides commercial and retail banking, and financial services.
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