Stephens Downgrades First Merchants (FRME) to Equal Weight

Stephens analyst Terry McEvoy downgraded First Merchants (NASDAQ: FRME) from Overweight to Equal Weight with a price target of $38.00 (from $45.00).

For an analyst ratings summary and ratings history on First Merchants click here. For more ratings news on First Merchants click here.

Shares of First Merchants closed at $35.91 yesterday.

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