Keefe, Bruyette & Woods Reiterates Market Perform on Independent Bank, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Damon Delmonte has reiterated a Market Perform rating on Independent Bank (NASDAQ:IBCP) and raised the price target from $26 to $31.
July 29, 2024 | 3:02 pm
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Keefe, Bruyette & Woods has reiterated a Market Perform rating on Independent Bank and raised the price target from $26 to $31.
The raised price target from $26 to $31 suggests a positive outlook for Independent Bank, which could lead to a short-term increase in stock price. However, the Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100