TD Cowen lowered the firm’s price target on First Citizens (FCNCA) to $2,500 from $2,600 and keeps a Buy rating on the shares. The firm updated its model as 4Q25 core EPS of $51.27 beat expectations mostly on a lower provision while PTPP income came in lighter.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCNCA:
- First Citizens price target lowered to $2,100 from $2,250 at Citi
- First Citizens price target lowered to $2,346 from $2,456 at Barclays
- First Citizens BancShares Earnings Call: Growth Amid Pressure
- Midday Fly By: TikTok forms U.S. JV, Intel guidance underwhelms
- First Citizens 2026 guidance below Street consensus, says TD Cowen