First Citizens price target lowered to $2,050 from $2,100 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on First Citizens (FCNCA) to $2,050 from $2,100 and keeps an Outperform rating on the shares post the Q3 report. The bank “cleared an important hurdle” by providing net interest income and credit trends guidance amid the recent market unrest, the analyst tells investors in a research note.