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FRMEBullishAnalyst Target Updateanalyst
Medium materiality6/10

First Merchants upgraded to Outperform from Market Perform at Raymond James

Oct 7, 2026, 1:17 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Outperform upgrade; upside potential.

AI summary

What happened, with direct paths to the underlying reporting

FRME upgraded to Outperform; target 46; current price around 39.77; modest near-term pullback but higher target implied.

  • FRME: Upgraded to Outperform; target 46 vs 39.77.

Key facts

  1. 01

    Target: $46

  2. 02

    Posted price: $39.77

  3. 03

    Analyst firm: Raymond James

How to read this signal

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