Keefe, Bruyette & Woods Maintains Market Perform on Independent Bank, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher Mcgratty maintains a Market Perform rating on Independent Bank (NASDAQ:IBCP) and raises the price target from $20 to $21.
July 26, 2023 | 3:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The price target for Independent Bank has been raised from $20 to $21 by Keefe, Bruyette & Woods, maintaining a Market Perform rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100