Keefe, Bruyette & Woods Maintains Market Perform on First Internet, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Timothy Switzer maintains a Market Perform rating on First Internet (NASDAQ:INBK) and raises the price target from $36 to $42.
July 26, 2024 | 12:14 pm
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Keefe, Bruyette & Woods analyst Timothy Switzer maintains a Market Perform rating on First Internet and raises the price target from $36 to $42.
The raised price target from $36 to $42 indicates a positive outlook from the analyst, which could lead to a short-term increase in the stock price. However, the Market Perform rating suggests that the stock is expected to perform in line with the market, tempering the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100