5 Analysts Have This To Say About Independent Bank Gr
Portfolio Pulse from Benzinga Insights
Analysts have mixed opinions on Independent Bank Group (NASDAQ:IBTX), with recent ratings showing a shift towards a more positive outlook. The average 12-month price target has increased by 13.53% to $60.4. Despite this, the company faces financial challenges, including a decline in revenue and below-average profitability metrics.
September 20, 2024 | 8:01 pm
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Independent Bank Group (NASDAQ:IBTX) has received mixed analyst ratings, with a recent increase in the average 12-month price target to $60.4. Despite this, the company is facing financial challenges, including a decline in revenue and below-average profitability metrics.
The article highlights mixed analyst ratings for IBTX, with a notable increase in the average price target, suggesting some positive sentiment. However, the company's financial performance shows challenges, such as declining revenue and poor profitability metrics, which could offset the positive analyst outlook in the short term.
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