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'Best-In-Class' Bridgewater Bancshares Has 20% Upside Potential, DA Davidson Says In Bullish Initiation
Monday, April 9, 2018 - 11:45am | 362Read More...Bridgewater Bancshares Inc (NASDAQ: BWB) recently offered 6.7 million shares in an initial public offering at $11.75 each. The Analyst D.A. Davidson analyst Kevin Reevey initiated coverage of Bridgewater with a Buy rating and a 12-18 month price target of $15.50, suggesting 20-percent upside...
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DA Davidson Identifies Banks, REITS That Could Benefit From Amazon's HQ2
Friday, April 6, 2018 - 12:16pm | 731Read More...Online retail giant Amazon.com, Inc. (NASDAQ: AMZN) is searching for a second headquarters. With the company expected to pick a location from a list of 20 finalists, D.A. Davidson analyst Kevin Reevey looked at likely winners and some potential beneficiaries from what's known as "HQ2....
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First Mid-Illinois Bancshares Trading At Attractive Entry Point, DA Davidson Upgrades
Friday, February 9, 2018 - 2:24pm | 364Read More...First Mid-Illinois Bancshares, Inc. (NASDAQ: FMBH) shares have declined 11 percent in the year-to-date period compared to the 2 percent gain for the Nasdaq Bank Index, an analyst at DA Davidson noted. The Analyst DA Davidson analyst Kevin Reevey upgraded First Mid-Illinois from Neutral to Buy,...
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MB Financial Beset By Fundamental Concerns; DA Davidson Steps To The Sidelines
Friday, January 26, 2018 - 3:40pm | 302Read More...MB Financial Inc (NASDAQ: MBFI) is impacted by recent earnings volatility, especially at its mortgage banking business, and challenges in driving core profitability. The Analyst DA Davidson analyst Kevin Reevey downgraded shares of MB Financial from Buy to Neutral, and lowered his price target...
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Looking Back At MB Financial's Earnings Odyssey
Monday, October 24, 2016 - 11:55am | 313Read More...The better-than-expected third quarter earnings from MB Financial Inc (NASDAQ: MBFI) earns it an upgrade from D.A. Davidson to Buy from Neutral. But, the brokerage cut the 2016 EPS estimates citing weaker net interest margin (NIM). MB Financial’s core EPS came in at $0.63, which was $0.04...
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D.A. Davidson Assumes Coverage On Several Regional Banks
Thursday, July 21, 2016 - 12:59pm | 389Read More...D.A. Davidson analyst Kevin Reevey just initiated coverage on four U.S. regional banks, and he apparently has a very mixed outlook for the space. Here’s a summary of what he had to say. First Merchants Corporation (NASDAQ: FRME): Buy, $29 Price Target Reevey sees the bank holding a “...
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1st Source Should Trade At A Premium To Peers, D.A. Davidson Says
Thursday, July 21, 2016 - 12:24pm | 353Read More...D.A. Davidson's Kevin Reevey commented on how 1st Source Corporation (NASDAQ: SRCE) should be trading at a premium to its peers, justifying the company's current price. As a result, Reevey initiated 1st Source at Neutral with a $36.00 price target. The analyst's price target represents a price-to-...
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D.A. Davidson Says First Merchants Trading At 11% Discount To Its Peers
Thursday, July 21, 2016 - 11:41am | 441Read More...D.A. Davidson has started coverage of First Merchants Corporation (NASDAQ: FRME) with a Buy rating and price target of $29, implying a potential return of 16.3 percent. "First Merchants' strategy is to be the service driven alternative to its super regional bank competitors by delivering superior...
