Stephens & Co. Reiterates Overweight on Independent Bank Gr, Maintains $61 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney has reiterated an Overweight rating on Independent Bank Gr (NASDAQ:IBTX) and maintained a price target of $61.
January 23, 2024 | 4:21 pm
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POSITIVE IMPACT
Stephens & Co. analyst reaffirms Overweight rating and $61 price target for Independent Bank Gr.
The reiteration of an Overweight rating by a respected analyst firm like Stephens & Co. is likely to instill confidence in investors and could positively influence the stock price in the short term. The maintenance of the $61 price target suggests that the analyst sees continued upside potential for the stock, which could encourage investment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100