Meridian Bank (MRBK) Now Covered by DA Davidson

Equities research analysts at DA Davidson initiated coverage on shares of Meridian Bank (NASDAQ:MRBK) in a report issued on Monday. The brokerage set a “buy” rating and a $22.00 price target on the stock. DA Davidson’s target price would suggest a potential upside of 19.89% from the company’s current price.

Shares of Meridian Bank (NASDAQ:MRBK) opened at $18.35 on Monday. Meridian Bank has a 12-month low of $17.25 and a 12-month high of $18.63.

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