JP Morgan Maintains Underweight on Texas Capital Bancshares, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains an Underweight rating on Texas Capital Bancshares (NASDAQ:TCBI) but raises the price target from $63 to $70.
July 23, 2024 | 4:23 pm
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JP Morgan analyst Steven Alexopoulos maintains an Underweight rating on Texas Capital Bancshares (NASDAQ:TCBI) but raises the price target from $63 to $70.
The Underweight rating suggests a cautious outlook, which may limit significant upward movement in the stock price. However, the raised price target to $70 indicates some positive expectations, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100