UPDATE: Jefferies Raises PT on MB Financial Following Taylor Capital Acquisition Announcement
July 16, 2013 at 10:20 AM EDT
In a report published Tuesday, Jefferies analyst Emlen Harmon reiterated a Hold rating on MB Financial (NASDAQ: MBFI ), and raised the price target from $25.00 to $29.00. In the report, Jefferies noted, “In conjunction with quarterly earnings, MBFI announced the acquisition of Taylor Capital, which should increase assets by
