Wells Fargo raised the firm’s price target on Bank OZK (OZK) to $40 from $35 and keeps an Underweight rating on the shares as part of a broader research note on mid-cap banks. The firm is adjusting its price targets on the sector, reflecting the current environment, also noting that its valuation methodology is now favoring earnings while moving away from tangible book value.
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Read More on OZK:
- Bank OZK price target raised to $51 from $48 at Stephens
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