Piper Sandler raised the firm’s price target on Horizon Bancorp to $15 from $14 and keeps a Neutral rating on the shares. The firm is more positive on Horizon Bancorp following its recent balance sheet restructuring that contributes to a higher net interest income growth outlook and along with its liability sensitve balance sheet.
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Read More on HBNC:
- Horizon Bancorp Shares Investor Presentation Update
- Horizon Bancorp reports Q4 EPS 33c, consensus 31c
- Horizon Bancorp, Inc. Announces Fourth Quarter and Full Year 2023 Results, Successfully Executes Balance Sheet Restructuring for Future Earnings Growth
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