FIRST MERCHANTS (FRME) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of FIRST MERCHANTS (FRME) from OUTPERFORM to NEUTRAL on June 27, 2012, with a target price of $14.00.

FIRST MERCHANTS CORP. is a bank holding company engaged in conducting commercial banking business through the offices of its banking subsidiaries.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

To get a free copy of the research report on FIRST MERCHANTS (FRME),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .