Truist Securities Maintains Hold on Independent Bank Gr, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Independent Bank Group (NASDAQ:IBTX) and raises the price target from $65 to $66.
September 20, 2024 | 4:01 pm
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NEUTRAL IMPACT
Truist Securities has maintained its Hold rating on Independent Bank Group while slightly increasing the price target from $65 to $66, indicating a modestly positive outlook.
The Hold rating suggests that the stock is expected to perform in line with the market. The slight increase in the price target from $65 to $66 indicates a modestly positive outlook, but not enough to change the overall rating. This suggests limited short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100