Analyst Ratings for First Merchants (FRME)

FRME Rating Summary

FRME Price Target Summary

* Over Last 12-Mos
  |   Expand Research on FRME
Overall Rating: BUY   Rating Trend: Up   Avg. $ Target: $49.50 (+31.8%) * Over Last 12-Mos
Rating Score: 6.7 / 10   Percentile Rank: 71%
Date Firm Analyst Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
9/26/2025 Raymond James Daniel Tamayo Downgrade Market Perform
(Outperform)
N/A
(N/A)
39.53
(37.55)
-5.01% Details
1/31/2025 Hovde Group Brendan Nosal Upgrade Outperform
(Market Perform)
N/A
(N/A)
42.71
(37.55)
-12.08% Details