JP Morgan Maintains Underweight on Texas Capital Bancshares, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Elian maintains an Underweight rating on Texas Capital Bancshares and lowers the price target from $73 to $72.
October 09, 2024 | 8:35 pm
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JP Morgan has maintained an Underweight rating on Texas Capital Bancshares and slightly lowered the price target from $73 to $72, indicating a cautious outlook.
The Underweight rating suggests that JP Morgan expects TCBI to underperform relative to other stocks. The slight reduction in the price target from $73 to $72 indicates a marginally more pessimistic view on the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100