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Bank OZK price target lowered to $50 from $53 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on Bank OZK (OZK) to $50 from $53 and keeps a Market Perform rating on the shares. The firm doesn’t see a path for multiple expansion until Bank OZK’s business model is further through this period of transition, the analyst tells investors in a research note.

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