Stephens downgraded Independent Bank (IBTX) to Equal Weight from Overweight on May 21 following the announcement of the acquisition of Independent by South State (SSB).
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IBTX:
- Wynn Resorts upgraded, PayPal initiated: Wall Street’s top analyst calls
- Piper double upgrades Independent Bank ahead of sale to South State
- Independent Bank upgraded to Overweight from Underweight at Piper Sandler
- American downgraded, United upgraded: Wall Street’s top analyst calls
- Independent Bank downgraded to Hold from Buy at Truist