First Merchants Corp (FRME) Misses Q2 EPS by 10c

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Go back to First Merchants Corp (FRME) Misses Q2 EPS by 10c

First Merchants (FRME) PT Raised to $45 at Stephens

July 26, 2024 6:58 AM EDT

Stephens analyst Terry McEvoy raised the price target on First Merchants (NASDAQ: FRME) to $45.00 (from $40.00) while maintaining a Overweight rating.

The analyst comments "First Merchants 2Q24 Op. pre-tax, pre-provision net revenue (PPNR) beat consensus by 13% due to favorable revenue and expense trends relative to... More