Goldman Sachs to Make Equity Investment in MDC Partners

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BMO Capital Upgrades MDC Partners (MDCA) to Outperform

February 17, 2017 6:29 AM EST

BMO Capital upgraded MDC Partners (NASDAQ: MDCA) from Market Perform to Outperform with a price target of $13.00 (from $7.00).

Analyst Dan Salmon comments "We are upgrading MDCA primarily due to lower liquidity risk following Goldman Sachs' (GS, $249.44, Outperform, by James Fotheringham) $95mm convert preferred... More