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MB Financial (MBFI) Rating Reiterated at FBR Capital

Written on Mon, 07/26/2010 - 9:37am
By Chip Brian

MB Financial (NASDAQ:MBFI) reiterated Market Perform, target lowered to $20 from $23, at FBR Capital. The stock closed Friday at $16.80 on volume of 461,500 shares, above the average daily volume of 329,340.
In the past 52-weeks, shares of MB Financial have traded between a low of $11.49 and a high of $28.18 and are now at $16.8, which is 46.2% above that low price.
MB Financial is currently below its 50-day moving average (MA) of $19.98 and below its 200-day MA of $20.66. In the last five trading sessions, the 50-day MA has fallen 3.24% while the 200-day MA has slid 0.36%.
MB Financial, Inc. is the holding company for MB Financial Bank, N.A., a commercial bank serving middle market businesses and individuals. The Bank offers a range of products and services through branches located in Illinois.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): MBFI

Contact Chip Brian



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