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Prosperity Bancshares price target raised to $79 from $77 at TD Cowen

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.

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