Piper Sandler reiterates Overweight on FMBH; $64 target
The target implies substantial upside, but the reiteration is an analyst view rather than new company-specific evidence.
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The target implies substantial upside, but the reiteration is an analyst view rather than new company-specific evidence.
What happened, with direct paths to the underlying reporting
Piper Sandler reiterated an Overweight rating on First Mid-Illinois Bancshares with a $64 target versus a posted price of $50.40, implying about 27% upside to the target.
Target: $64
Posted price: $50.4
Analyst firm: Piper Sandler
Analyst: Nathan Race
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