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Third Coast Bancshares price target lowered to $45 from $46 at Stephens

Stephens lowered the firm’s price target on Third Coast Bancshares (TCBX) to $45 from $46 and keeps an Overweight rating on the shares. Q1 results were “noisy” due to the impact of Keystone acquisition, though the firm expects trends to rebound in Q2 as the disclosures point to robust loan growth through early April, the analyst tells investors.

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