TD Cowen lowered the firm’s price target on Coastal Financial (CCB) to $145 from $155 and keeps a Buy rating on the shares. The firm updated its model following results which missed expectations but they remain bullish on the long-term direction of travel with strong momentum on partner execution.
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Read More on CCB:
- Coastal Financial price target lowered to $125 from $135 at Keefe Bruyette
- Coastal Financial Highlights Growth and AI-Focused Expansion
- Coastal Financial reports Q4 EPS 82c, consensus 1.02
- Coastal Financial acquires GreenFi brand, terms not disclosed
- Coastal Financial price target raised to $155 from $140 at TD Cowen
