TD Cowen raised the firm’s price target on Prosperity Bancshares (PB) to $83 from $79 and keeps a Buy rating on the shares. The firm said Q3 results topped Street expectations, with results underscoring steady progress in NIM expansion, supported by strong ongoing fixed asset repricing tailwinds.
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Read More on PB:
- Prosperity Bancshares price target lowered to $85 from $90 at Keefe Bruyette
- Prosperity Bancshares price target raised to $81 from $77 at Stephens
- Prosperity Bancshares price target lowered to $77 from $84 at Piper Sandler
- Prosperity Bancshares Reports Strong Q3 Earnings and Strategic Expansions
- Prosperity Bancshares’ Earnings Call: Growth Amid Challenges