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Old National Bancorp price target raised to $28 from $27 at Truist

Truist raised the firm’s price target on Old National Bancorp (ONB) to $28 from $27 and keeps a Buy rating on the shares after its Q1 earnings beat. The firm cites the company’s better loan growth and bigger buyback but also notes its slightly lower net interest margin, the analyst tells investors in a research note.

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