RBC Capital Maintains Sector Perform on Texas Capital Bancshares, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on Texas Capital Bancshares (NASDAQ:TCBI) but has reduced the price target from $66 to $61.
November 24, 2023 | 3:33 pm
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RBC Capital analyst Jon Arfstrom reaffirmed a 'Sector Perform' rating on Texas Capital Bancshares, while lowering the price target from $66 to $61.
The reduction in price target by RBC Capital suggests a more conservative valuation of Texas Capital Bancshares, which could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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