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Raymond James Upgrades Mercantile Bank Corporation (MBWM) to Outperform

January 18, 2012 1:33 PM EST
Get Alerts MBWM Hot Sheet
Price: $39.21 -0.98%

Rating Summary:
    3 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 23 | New: 10
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Raymond James upgraded Mercantile Bank Corporation (NASDAQ: MBWM) from Market Perform to Outperform with a new price target of $13.00.

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 $11.50 yesterday.


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