DA Davidson Maintains Neutral on Independent Bank, Raises Price Target to $42
DA Davidson analyst Peter Winter maintains Independent Bank (NASDAQ:IBCP) with a Neutral and raises the price target from $40 to $42.
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Why It Matters
An expert raised their price target for Independent Bank by two dollars. This suggests the bank looks slightly better, but the expert still thinks it is fairly priced right now.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.