RBC Capital analyst Jon Arfstrom raised the firm’s price target on Texas Capital (TCBI) to $110 from $105 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. The company reported another solid quarter for with some expected seasonal headwinds but strong trends as well, generating C&I and mortgage warehouse growth, a better than expected margin, and favorable underlying fee and expense trends, the analyst tells investors in a research note.
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