Truist Securities Maintains Hold on Independent Bank Gr, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Independent Bank Group (NASDAQ:IBTX) while lowering its price target from $66 to $63.
October 23, 2024 | 12:50 pm
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Truist Securities has maintained a Hold rating on Independent Bank Group (IBTX) and lowered its price target from $66 to $63, indicating a slightly less optimistic outlook.
The Hold rating suggests that the analyst does not see significant upside potential in the short term. The lowered price target from $66 to $63 indicates a slightly less optimistic view on the stock's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100