INDEP BK MICH (IBCP) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of INDEP BK MICH (IBCP) from UNDERPERFORM to NEUTRAL on June 23, 2014, with a target price of $13.40.

Independent Bank Corporation is a bank holding company. Its subsidiary banks principally serve rural and suburban communities located across Michigan's Lower Peninsula. The Banks emphasize service and convenience as a principal means of competing in the delivery of financial services.

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