Analyst firms · Raymond James · MBWM
Raymond James MBWM price target and rating history
Mercantile Bank Corporation (MBWM) · Finance
Raymond James rates Mercantile Bank Corporation (MBWM) Outperform with a $65 price target, as of its latest action on Sep 2, 2026. It has published 6 rating actions on MBWM since January 2022, including 3 upgrades and 2 downgrades. Across 3 firms with a MBWM price target in the last 12 months, the median target is $62. Raymond James's $65 is 5% above that.
- Current rating
- Outperform
- Price target
- $65
- Median target, all firms
- $62
- Actions on MBWM
- 6
Raymond James price target on MBWM
Every Raymond James rating on MBWM
- Sep 2, 2026
- Jul 24, 2025
- Jan 18, 2023
- Oct 6, 2022
- Mar 2, 2022
- Jan 19, 2022
How other firms rate MBWM
Each firm's latest rating and stated target in the last 12 months.
| Firm | Rating | Price target | Date |
|---|---|---|---|
| Raymond James | Outperform | $65 | Sep 2, 2026 |
| Hovde Group | Market Perform | $62 | Jul 22, 2026 |
| Stephens | Equal-Weight | $54 | Mar 25, 2026 |
Questions about Raymond James and MBWM
- What is Raymond James's price target for MBWM?
- Raymond James's latest stated price target for Mercantile Bank Corporation (MBWM) is $65, from its action on Sep 2, 2026.
- What is Raymond James's rating on MBWM?
- Raymond James rates MBWM Outperform, a bullish rating, as of Sep 2, 2026.
- When did Raymond James last change its view on MBWM?
- On Sep 2, 2026, Raymond James resumes coverage at Outperform, price target $65.
- How does Raymond James's MBWM target compare with other analysts?
- Across 3 firms with a MBWM price target in the last 12 months, the median target is $62. Raymond James's $65 is 5% above that.
More MBWM rating histories
All Raymond James ratingsMBWM news and filingsEvery analyst firm
From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.