Ladenburg Thalmann Upgrades Medallion Financial (MFIN) to Buy

Ladenburg Thalmann analyst Christopher Nolan upgraded Medallion Financial (NASDAQ: MFIN) from Neutral to Buy with a price target of $12.00.

The analyst comments: "We are raising our investment rating to Buy from Neutral and establishing a $12.00 12-month PT. We note that valuations are attractive as is MFIN's total return performance (growth in book value+common dividend). In 2Q25, MFIN grew tangible book value/sh 5% QoQ, together with the common dividend resulted in a 10% total return QoQ. While investment gains helped drive these results, we note that MFIN has had substantial gains for 4 of the last 6 quarters."

For an analyst ratings summary and ratings history on Medallion Financial click here. For more ratings news on Medallion Financial click here.

Shares of Medallion Financial closed at $10.10 yesterday.

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