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    Hovde Group resumed coverage on First Merchants with a new price target

    8/12/24 7:48:21 AM ET
    $FRME
    Major Banks
    Finance
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    Hovde Group resumed coverage of First Merchants with a rating of Market Perform and set a new price target of $38.00 from $35.00 previously
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    Recent Analyst Ratings for
    $FRME

    DatePrice TargetRatingAnalyst
    1/31/2025$50.00Market Perform → Outperform
    Hovde Group
    8/12/2024$35.00 → $38.00Market Perform
    Hovde Group
    8/7/2024$45.00 → $38.00Overweight → Equal-Weight
    Stephens
    2/21/2023$50.00Strong Buy → Outperform
    Raymond James
    7/7/2022Outperform → Strong Buy
    Raymond James
    12/13/2021$47.00Market Perform → Outperform
    Hovde Group
    7/29/2021$48.00Neutral → Buy
    Janney
    7/28/2021$55.00 → $47.00Outperform
    Raymond James
    More analyst ratings