Keefe, Bruyette & Woods Reiterates Market Perform on First Internet, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Timothy Switzer reiterated a Market Perform rating on First Internet (NASDAQ:INBK) and raised the price target from $34 to $36.
April 26, 2024 | 1:38 pm
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Keefe, Bruyette & Woods raised the price target for First Internet from $34 to $36 while maintaining a Market Perform rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term positive impact on the stock price of INBK.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90