Piper Sandler Maintains Neutral on Horizon Bancorp, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains a Neutral rating on Horizon Bancorp (NASDAQ:HBNC) and raises the price target from $13 to $18.
July 29, 2024 | 1:23 pm
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Piper Sandler analyst Nathan Race maintains a Neutral rating on Horizon Bancorp and raises the price target from $13 to $18.
The raised price target from $13 to $18 suggests a positive outlook for Horizon Bancorp, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100