Seaport Global Initiates Coverage On Independent Bank with Sell Rating, Announces Price Target of $45
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst David Bishop has initiated coverage on Independent Bank (NASDAQ:INDB) with a Sell rating and a price target of $45.
September 12, 2023 | 11:37 am
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Seaport Global has initiated coverage on Independent Bank with a Sell rating and a price target of $45.
The Sell rating initiated by Seaport Global indicates a negative outlook for Independent Bank. This could potentially lead to a decrease in the stock price in the short term. The price target of $45 also provides a benchmark for investors, which could influence trading decisions.
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