Piper Sandler Maintains Neutral on Horizon Bancorp, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains a Neutral rating on Horizon Bancorp (NASDAQ:HBNC) and lowers the price target from $14 to $13.
April 29, 2024 | 1:03 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Horizon Bancorp and lowers the price target from $14 to $13.
The reduction in the price target by Piper Sandler suggests a less optimistic outlook on Horizon Bancorp's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially impacting the stock's price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100