TD Cowen raised the firm’s price target on Prosperity Bancshares (PB) to $79 from $77 and keeps a Buy rating on the shares. The firm said 1Q EPS beat on stronge. While loan growth expectations for 2026 are lowered to flattish (vs. LSD growth prior), this is offset by stronger than expected NIM expansion, with structural tailwinds in place to support above-peer NIM.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PB:
- Prosperity Bancshares price target raised to $75 from $74 at Piper Sandler
- Prosperity Bancshares Balances M&A Gains With Credit Hit
- PB Earnings this Week: How Will it Perform?
- Prosperity Bancshares Shareholders Back Directors and Governance
- Prosperity Bancshares and Stellar receive regulatory approvals for acquisition
