Prosperity Bancshares price target lowered to $86 from $88 at Barclays

Barclays lowered the firm’s price target on Prosperity Bancshares (PB) to $86 from $88 and keeps an Equal Weight rating on the shares as part of a Q1 preview for the mid-cap banks. Heightened uncertainty hurts 2025 outlooks and could lead to lowered guidance at earnings, but buyback activity is a potential catalyst for some, the analyst tells investors in a research note.