Medallion Financial (MFIN) Upgraded by Zacks Investment Research to “Hold”

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Zacks Investment Research upgraded shares of Medallion Financial (NASDAQ:MFIN) from a sell rating to a hold rating in a research note released on Wednesday, reports. According to Zacks.

During the first quarter, MFIN reduced its medallion fair value by 42% to $183.5k. But, as in the past, MFIN is only valuing their 90+ days past due loans at these levels, and not taking meaningful Instead, I hold an upside price target on the stock of $2.30 (2x tangible book, and 56% downside) and a base.

A number of other equities research analysts have also issued reports on MFIN. ValuEngine lowered Medallion Financial from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, January 2nd. Zacks Investment Research upgraded Medallion Financial from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 16th.

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Medallion Financial (MFIN) Upgraded to Hold at Zacks Investment Research Easy Places To Get A Personal Loan – Safe Online Loans 24 Hours.. Marcus By Goldman Sachs. No Fees. Ever. We don’t deduct a sign-up fee from your loan amount.

 · Medallion Financial (MFIN) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was.

CHIMERA INVT CO/SH NEW (NYSE:CIM) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued on Thursday, reports. According to Zacks, "Chimera Investment Corporation is a publicly traded real estate investment trust, or REIT, that is primarily engaged in real estate finance.

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