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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100