On 11/6/24, First Interstate BancSystem Inc (NASDAQ: FIBK) stock enjoyed a major increase of 13.4%, closing at $34.45. Moreover, trading volume in this advance was exceptionally high at 261% of normal. The stock has been strong relative to the market over the last nine months and has risen 9.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, FIBK is expected to continue to be a modest Value Builder.
First Interstate BancSystem has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. First Interstate BancSystem has a good Power Rating of 81 and a good Appreciation Score of 83, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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