Raymond James Upgrades Independent Bank to Strong Buy, Announces $74 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Moss has upgraded Independent Bank (NASDAQ:INDB) from Market Perform to Strong Buy, setting a price target of $74.
October 21, 2024 | 1:12 pm
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Raymond James has upgraded Independent Bank to Strong Buy with a $74 price target, indicating a positive outlook for the stock.
The upgrade from Market Perform to Strong Buy by Raymond James, along with a specific price target of $74, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100