BOK Financial price target raised to $132 from $124 at RBC Capital

RBC Capital analyst Jon Arfstrom raised the firm’s price target on BOK Financial (BOKF) to $132 from $124 and keeps a Sector Perform rating on the shares. The company reported a solid quarter with broad based loan growth, margin expansion, no provision, and an active repurchase supporting results, the analyst tells investors in a research note. BOK management also provided 2026 guidance which calls for positive operating leverage and strong core revenue growth with balanced contributions from loan growth, margin expansion, and higher fees, the firm added.