Stephens lowered the firm’s price target on Texas Capital (TCBI) to $90 from $95 and keeps an Overweight rating on the shares. The firm’s revised forecast is relatively unchanged as it believes an improved net interest income outlook is offset by slower fee income, the analyst tells investors in a post-earnings note.
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Read More on TCBI:
- Texas Capital price target lowered to $86 from $92 at Keefe Bruyette
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