Seaport Global Upgrades Independent Bank to Buy, Announces $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Laurie Havener Hunsicker has upgraded Independent Bank (NASDAQ:INDB) from Neutral to Buy and set a price target of $65.
July 22, 2024 | 11:24 am
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POSITIVE IMPACT
Seaport Global has upgraded Independent Bank (NASDAQ:INDB) from Neutral to Buy and set a price target of $65.
The upgrade from Neutral to Buy and the announcement of a $65 price target by Seaport Global is likely to positively impact the stock price of Independent Bank in the short term. Analyst upgrades generally lead to increased investor confidence and buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100