Craig-Hallum Maintains Hold on First Internet, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst George Sutton has maintained a 'Hold' rating on First Internet (NASDAQ:INBK) and lowered the price target from $22 to $19.
October 27, 2023 | 3:38 pm
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First Internet's price target has been lowered from $22 to $19 by Craig-Hallum, while maintaining a 'Hold' rating.
The lowering of the price target by Craig-Hallum indicates a less optimistic outlook for the company's stock, which could potentially lead to a decrease in its price in the short term. The 'Hold' rating suggests that the analyst does not see significant upside or downside from the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100