7 Analysts Have This to Say About Texas Capital Bancshares
Portfolio Pulse from Benzinga Insights
Texas Capital Bancshares (NASDAQ:TCBI) has received 7 analyst ratings in the last quarter, with 4 bullish and 3 indifferent. The average 12-month price target is $65.14, a decrease from the previous target of $70.00. The high target is $72.00 and the low is $57.00. Analysts' ratings are based on financial predictions and company performance.
December 01, 2023 | 12:00 pm
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NEGATIVE IMPACT
Texas Capital Bancshares has a mixed outlook from analysts with 4 bullish and 3 indifferent ratings. The average price target has been reduced to $65.14, indicating a potential downside based on the previous target of $70.00.
The reduction in the average price target suggests that analysts see less upside potential for TCBI, which could lead to a negative short-term impact on the stock price. The mixed ratings indicate uncertainty, which may also contribute to potential downward pressure.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100