TriCo Bancshares price target lowered to $43 from $48 at Raymond James

Raymond James analyst David Feaster lowered the firm’s price target on TriCo Bancshares (TCBK) to $43 from $48 and keeps an Outperform rating on the shares. TriCo’s Q1 results were in-line with forecasts, and core trends remain solid, the analyst tells investors in a research note. The firm continues to view the risk-reward favorably.