UPDATE: D.A. Davidson Initiates First Midwest Bancorp at Buy on Improved Profitability
June 14, 2013 at 10:29 AM EDT
In a report published Friday, D.A. Davidson analyst Stephen Geyen initiated coverage on First Midwest Bancorp (NASDAQ: FMBI ) with a Buy rating and $15.50 price target. In the report, D.A. Davidson noted, “Our year-end 2014 (4Q'14) forecast ROA of 1.00% is very close to the D.A. Davidson Mid-cap bank
