Piper Sandler Upgrades Independent Bank Gr to Overweight, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Stephen Scouten has upgraded Independent Bank Group (NASDAQ: IBTX) from Underweight to Overweight and raised the price target from $38 to $58.
May 31, 2024 | 9:47 am
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Piper Sandler analyst Stephen Scouten has upgraded Independent Bank Group (NASDAQ: IBTX) from Underweight to Overweight and raised the price target from $38 to $58.
The upgrade from Underweight to Overweight and the significant increase in the price target from $38 to $58 by a reputable analyst is likely to positively impact the stock price of IBTX in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100