Independent Bank (INDB) Tops Q1 EPS by 1c
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Keefe, Bruyette & Woods Downgrades Independent Bank (INDB) to Market Perform
April 17, 2015 12:49 PM EDTKeefe, Bruyette & Woods downgraded Independent Bank (NASDAQ: INDB) from Outperform to Market Perform with a price target of $44 (unchanged).
For an analyst ratings summary and ratings history on Independent Bank click here. For more ratings news on Independent Bank click here.
Shares of Independent Bank closed at $44.36 yesterday.
... MoreCompass Point Downgrades Independent Bank (INDB) to Neutral
April 17, 2015 8:05 AM EDTCompass Point downgraded Independent Bank (NASDAQ: INDB) from Buy to Neutral with a price target of $44.00 (from $45.00) citing valuation despite solid Q1 results.
Analyst Laurie Havener Hunsicker commented, "We reduce our Operating FY15E from $2.71 to $2.65 and FY16E from $2.90 to $2.83. Accordingly, we adjust our price target (PT) from... More
