Check out the companies making the biggest moves midday: Independent Bank — Shares of the Michigan-based bank holding company jumped almost 5% after third-quarter earnings surpassed estimates. Independent Bank earned $1.90 per share, topping the FactSet consensus call for $1.85 per share. Net interest income of $220.7 million also beat the $218.5 million estimate. The bank sees home equity loans growing by a high single-digit annualized percentage in the fourth quarter. Moog — The manufacturer of precision motor control systems rose more than 4%. Morgan Stanley upgraded shares to overweight from equal weight. The firm also lifted its price target to $448 from $405, suggesting about 23% upside from Thursday's close.
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