1 hour ago
1
Keefe, Bruyette & Woods upgraded Horizon Bancorp (NASDAQ:HBNC) stock, considering the strategic actions that the company announced to unlock earnings power.
"HBNC has completed an equity offering ($90mm at $14.50/sh) and intends to issue $100mm of subordinated notes, sell ~$1.4b of securities, sell ~$200mm of auto loans, pay down ~$1.1b
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