Horizon Bancorp: Attractive Given A Transformed Balance Sheet
2025-11-21 22:59:00 ET
Shares of Horizon Bancorp ( HBNC ) have been a poor performer over the past year, losing about 10% of their value. However, the company has taken transformative action to alter its balance sheet positioning, and this has put HBNC on a much stronger footing. I last covered shares in April , when I rated the stock a “buy,” and since then, Horizon has gained about 22%, a very strong total return that was roughly in-line with the market’s gain. With shares trading around my $16 price target, updated financials, and meaningful strategic action since I last covered shares, now is a good time to revisit HBNC....
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Horizon Bancorp: Attractive Given A Transformed Balance Sheet
NASDAQ: HBNC
HBNC Trading
-3.87% G/L:
$16.02 Last:
180,709 Volume:
$16.22 Open:
