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Enter Symbol:
Rating: INDB
Underperform $40

Independent Bank Corp. (NASDAQ: INDB) downgraded to Underperform with price target $40 by Robert W. Baird

Wednesday,  Jun 24, 2015  8:25 AM ET by Lynn Gilbert

Robert W. Baird downgraded Independent Bank Corp. (NASDAQ: INDB) to Underperform with price target
$40. Previously, Robert W. Baird rated Independent Bank Corp. (NASDAQ: INDB) to Neutral with price target $25 on 06/06/2012, when the stock price was valued at $26.23.

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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