Old National Bancorp Capital ( (ONB) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Old National Bancorp’s stock has surged following their impressive Q4 revenue report of $495.7 million, which exceeded expectations. The company’s growth in deposits, loans, and net interest income, along with effective expense and credit management, has fueled this positive movement. Analysts have responded by adjusting their price targets; while RBC Capital slightly decreased its target, Barclays, Citi, and Piper Sandler increased theirs, with Citi even naming it a top pick for 2025 due to its strong financial performance and growth outlook.
More about Old National Bancorp Capital
YTD Price Performance: 8.31%
Average Trading Volume: 2,955,162
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.31B
For further insights into ONB stock on TipRanks’ Stock Analysis page.
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