Keefe, Bruyette & Woods Maintains Market Perform on Independent Bank, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher O'Connell maintains a Market Perform rating on Independent Bank (NASDAQ:INDB) and raises the price target from $62 to $65.
October 21, 2024 | 12:21 pm
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POSITIVE IMPACT
Keefe, Bruyette & Woods has maintained its Market Perform rating on Independent Bank and increased the price target from $62 to $65, indicating a positive outlook.
The increase in price target from $62 to $65 by Keefe, Bruyette & Woods suggests a positive outlook for Independent Bank, which could lead to a short-term increase in stock price. The maintained Market Perform rating indicates steady performance expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100