Jefferies Maintains Hold on Texas Capital Bancshares, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Casey Haire maintains a Hold rating on Texas Capital Bancshares (TCBI) and lowers the price target from $70 to $61.
April 08, 2024 | 7:28 pm
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NEGATIVE IMPACT
Jefferies maintains a Hold rating on Texas Capital Bancshares and lowers the price target from $70 to $61.
The reduction in the price target by Jefferies reflects a negative outlook on the stock's short-term price potential. This adjustment could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100