Texas Capital price target raised to $82 from $78 at Barclays

Barclays analyst Jared Shaw raised the firm’s price target on Texas Capital (TCBI) to $82 from $78 and keeps an Underweight rating on the shares. The bank made progress toward its profitability goals in Q2 as expense control drove an earnings beat, the analyst tells investors in a research note. The firm sees interest rate cuts testing the bank’s margin in 2026.