UPDATE: D.A. Davidson Initiates FirstMerit at Neutral on Mixed Factors
June 14, 2013 at 10:28 AM EDT
In a report published Friday, D.A. Davidson analyst Stephen Geyen initiated coverage on FirstMerit (NASDAQ: FMER ) with a Neutral rating and $21.00 price target. In the report, D.A. Davidson noted, “We are initiating coverage of FirstMerit Corporation with a NEUTRAL rating and a fair value estimate of $21. We believe