TD Cowen analyst Janet Lee lowered the firm’s price target on Bank OZK (OZK) to $61 from $67 and keeps a Buy rating on the shares. The firm said while 2026 RESG repayments are larger than expected, they are encouraged by continued strength of the CIB as the company advances its diversification strategy, which the market is likely to reward with a higher multiple. Despite some credit migration, overall trends are holding up.
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