Raymond James Downgrades Horizon Bancorp to Market Perform
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst David Long has downgraded Horizon Bancorp (NASDAQ:HBNC) from Outperform to Market Perform.

July 06, 2023 | 10:50 am
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Horizon Bancorp has been downgraded by Raymond James from Outperform to Market Perform, which may negatively impact the stock's performance.
Analyst ratings often influence the market's perception of a stock. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market anymore, which could lead to a decrease in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100