Alert: Major Price Advance (11/6/24)-Investar Holding Corp (NASDAQ: ISTR).

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Investar Holding Corp (NASDAQ: ISTR) stock enjoyed a major increase of 13.0% on 11/6/24. The shares closed at $23.80. Moreover, this advance was accompanied by exceptionally high trading volume at 410% of normal. The stock has been strong relative to the market over the last nine months and has risen 13.2% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, ISTR is expected to continue to be a modest Value Builder.

Investar Holding has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Investar Holding has a good Appreciation Score of 72 and a very high Power Rating of 90, and the Highest Value Trend Rating results.

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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