Keefe, Bruyette & Woods Downgrades Rating, Lowers PT to $1.50 On MCBC

by BenzingaStaffT, Benzinga Staff Writer
May 5, 2011 8:34 AM | 11 seconds read |
Keefe Bruyette & Woods has downgraded its rating on Macatawa Bank Corp. MCBC from Market Perform to Underperform and has lowered its price target to $1.50. MCBC closed yesterday at $2.59.
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Posted In: Analyst ColorDowngradesPrice TargetAnalyst RatingsFinancialsKeefe Bruyette & WoodsMacatawa Bank Corp.Regional Banks
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