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Fly News Breaks for March 1, 2018
MBWM
Mar 1, 2018 | 06:48 EDT
Keefe Bruyette analyst Damon DelMonte upgraded Mercantile Bank to Outperform citing valuation following the recent pullback in the shares. The analyst has increased confidence in the company's earnings outlook after meeting with management and raised his price target for the shares to $40 from $39.
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