Latest Taylor Capital News
Dec 31, 2014
UPDATE: Jefferies Raises PT on MB Financial Following Taylor Capital Acquisition Announcement In a report published Wednesday, Keefe, Bruyette & Woods analyst Christopher McGratty reiterated an Outperform rating and $35.00 price target on MB Financial (NASDAQ: MBFI ). In the report, Keefe, Bruyette & Woods noted, “In our next edition of our product, Making the Case, we revisit Outperform-rated MB Financial (MBFI), in addition to featuring the company as one of KBW's ‘Holiday Opportunities' for investors. Since we published our first Making the Case edition on MB Financial in February 2014, we have seen MBFI close its TAYC acquisition and begin to display the revenue growth potential of the combined institutions. With an increasing likelihood of positive estimate revisions in the coming months coupled with the company's still-discounted valuation, we believe MBFI remains an attractive investment opportunity for low-beta investors heading into 2015.” MB Financial closed on Tuesday at $33.01.