Why This Old National Bancorp Analyst Is Turning Bullish
Cost savings from Old National Bancorp’s (NASDAQ: ONB ) deal to merge with First Midwest Bancorp should be accretive to the bottom line “following the systems conversion in July,” according to Stephens. The Old National Bancorp Analyst: Terry McEvoy upgraded Old National Bancorp from Equal-Weight to Overweight while establishing a price target of $19. The Old National Bancorp Takeaways: The stock has lost around 15% year to date, which is surprising given the first-quarter results and “management''s … Full story available on Benzinga.com
Why This Old National Bancorp Analyst Is Turning Bullish
Cost savings from Old National Bancorp’s (NASDAQ: ONB ) deal to merge with First Midwest Bancorp should be accretive to the bottom line “following the systems conversion in July,” according to Stephens. The Old National Bancorp Analyst: Terry McEvoy upgraded Old National Bancorp from Equal-Weight to Overweight while establishing a price target of $19. The Old National Bancorp Takeaways: The stock has lost around 15% year to date, which is surprising given the first-quarter results and “management''s … Full story available on Benzinga.com