UBS Maintains Sell on Texas Capital Bancshares, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brody Preston has maintained a Sell rating on Texas Capital Bancshares (NASDAQ:TCBI) but increased the price target from $56 to $57.
January 23, 2024 | 3:35 pm
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UBS analyst Brody Preston reaffirmed a Sell rating on Texas Capital Bancshares but raised the price target from $56 to $57.
While the Sell rating suggests a negative outlook on the stock, the increase in the price target could indicate a less bearish view than before. This mixed signal may lead to a neutral short-term impact on the stock price as the market digests the information.
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