Truist Securities Maintains Buy on Independent Bank Gr, Lowers Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Brandon King maintains a 'Buy' rating on Independent Bank Gr (NASDAQ:IBTX), but has lowered the price target from $43 to $40.
June 29, 2023 | 3:36 pm
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Truist Securities maintains a 'Buy' rating on Independent Bank Gr, but lowers the price target from $43 to $40.
The news is directly related to Independent Bank Gr (IBTX). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the stock. However, the impact on the stock price is uncertain in the short term as the 'Buy' rating is still maintained.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100