Truist Securities Maintains Buy on Independent Bank Gr, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Young has reaffirmed a Buy rating on Independent Bank Group (IBTX) and increased the price target from $42 to $56.
December 15, 2023 | 3:52 pm
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POSITIVE IMPACT
Truist Securities analyst Michael Young maintains a Buy rating on Independent Bank Group and raises the price target from $42 to $56.
The increase in price target by Truist Securities suggests a positive outlook on the stock, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100