First Merchants stock rating downgraded by Raymond James on acquisition impact
NegativeFinancial Markets

First Merchants has received a downgrade in its stock rating from Raymond James, primarily due to concerns over the impact of its recent acquisition. This decision reflects the market's cautious stance on how the acquisition might affect the company's financial health and growth prospects. Investors should pay attention to this development as it could influence stock performance and investor confidence moving forward.
— Curated by the World Pulse Now AI Editorial System