Keefe, Bruyette & Woods Maintains Market Perform on First Internet, Raises Price Target to $34-Report Released on 25 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Perito has maintained a 'Market Perform' rating on First Internet Bancorp (NASDAQ:INBK) and increased the price target from $29 to $34.

January 26, 2024 | 2:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Keefe, Bruyette & Woods analyst Michael Perito maintains a 'Market Perform' rating on First Internet Bancorp and raises the price target from $29 to $34.
The increase in price target by Keefe, Bruyette & Woods suggests a positive outlook on First Internet Bancorp's stock, which could lead to a short-term increase in its stock price. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target implies a belief in the company's potential to grow beyond its previous valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100