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Independent Bank Corp. (INDB) [hlAlert]

Neutral INDB

Independent Bank Corp. (INDB) rated Neutral with price target $25 by Robert W. Baird

Posted on: Wednesday,  Jun 6, 2012  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Independent Bank Corp. (NASDAQ: INDB) on 06/06/2012. Previously Robert W. Baird rated Outperform
Independent Bank Corp. (NASDAQ: INDB) on 10/16/2008., when the stock price was $27.31. Since then, Independent Bank Corp. has lost 4.03% of its value until Robert W. Baird rated INDB Underperform on 03/08/2010, when the price was $26.21. .

Independent Bank Corp. is a bank holding company for Rockland Trust Company. They are a community-oriented commercial bank. The community banking business consists of commercial banking, retail banking and trust services and is managed as a single strategic unit. The community banking business derives its revenues from a wide range of banking services, including lending activities, acceptance of demand, savings and time deposits, trust and investment management, and mortgage servicing income from investors.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2015 8:25 AM Sell
47.51 40.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2012 8:25 AM Hold
26.23 25.00
10/10/2011 8:25 AM Hold
22.66 23.00
3/8/2010 8:25 AM Hold
26.21 27.00
10/16/2008 8:25 AM Buy
27.31 30.00

(*) Stock Price at the time of the recommendation.
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