BOK Financial upgraded to Buy from Hold at Truist

Truist analyst Brandon King upgraded BOK Financial to Buy from Hold with a price target of $123, up from $112. BOK has a neutrally positioned balance sheet to interest rate moves, which should support continued net interest income growth in various interest rate scenarios as mid-to-high single digit loan growth remains at a pace above peers with upside potential, the analyst tells investors. The firm finds the stock “very compelling” considering EPS upside, the analyst added.