First Internet Bancorp shares continue to rally

First Internet Bancorp

23/10/2020 16:26

** First Internet Bancorp  INBK.O  shares up 11.57% at $22.56 
    ** INBK shares up 28.2% since posting results late Wed
 urn:newsml:reuters.com:*:nL8N2HC85P; on track for biggest 2-day pct gain since Sept
2010
    ** On Friday, Craig-Hallum raised PT to $38 from $30, KBW
boosted PT to $28 from $24; median price target of 28.00 has
risen 40% in the last 30 days, per Refinitiv
    ** Friday volume in INBK light, however, with about 19k
shares traded so far today, approx 40% lower than 30-DMA volume
of 33.4k (Refinitiv)
    ** Despite recent surge, INBK shares still down 4.9% YTD

 ((charles.mikolajczak@tr.com; @ChuckMik; Reuters Messaging:
charles.mikolajczak.thomsonreuters.com@reuters.net))