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Fly News Breaks for September 11, 2017
MBWM
Sep 11, 2017 | 07:48 EDT
DA Davidson analyst Kevin Reevey upgraded Mercantile Bank to Buy from Neutral citing the company's "strong" operating performance compared to Michigan bank peers and loan growth prospects. He views the 22.4% year-to-date selloff was unwarranted. The analyst has a $35 price target on the shares.
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