Independent Bank Group Reports Second Quarter Financial Results

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Go back to Independent Bank Group Reports Second Quarter Financial Results

Independent Bank Group (IBTX) PT Lowered to $81.50 at Piper Jaffray

July 25, 2018 7:59 AM EDT

Piper Jaffray lowered its price target on Independent Bank Group (NASDAQ: IBTX) to $81.50 (from $85.00) while maintaining a Overweight rating. Piper Jaffray lowered FY18 EPS estimates to $4.40 (-$0.22), FY19 EPS to $5.43 (-$0.26), and introducing a FY20 EPS estimates of $6.02.

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