Keefe, Bruyette & Woods Maintains Outperform on Independent Bank Gr, Raises Price Target to $55-Report Released on 23 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Brady Gailey has maintained an Outperform rating on Independent Bank Gr (NASDAQ:IBTX) and increased the price target from $53 to $55.
January 24, 2024 | 3:15 pm
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POSITIVE IMPACT
Independent Bank Gr's Outperform rating is maintained by Keefe, Bruyette & Woods, with a raised price target from $53 to $55, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals confidence in the company's future performance and can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100