Banc of California price target lowered to $17 from $18 at Stephens

Stephens lowered the firm’s price target on Banc of California (BANC) to $17 from $18 and keeps an Equal Weight rating on the shares. While the firm thought Q4 itself was “solid,” it notes that its FY26 operating EPS forecast moves down 7% following the report to $1.45.