RBC Capital Maintains Sector Perform on Texas Capital Bancshares, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains a Sector Perform rating on Texas Capital Bancshares (NASDAQ:TCBI) and raises the price target from $73 to $83.
October 18, 2024 | 2:20 pm
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RBC Capital has increased the price target for Texas Capital Bancshares from $73 to $83 while maintaining a Sector Perform rating.
The increase in the price target from $73 to $83 suggests a positive outlook from RBC Capital, which could lead to a short-term increase in TCBI's stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the market, which tempers the impact.
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IMPORTANCE 80
RELEVANCE 100