Bank OZK price target raised to $57 from $53 at Stephens

Stephens analyst Matt Olney raised the firm’s price target on Bank OZK (OZK) to $57 from $53 and keeps an Equal Weight rating on the shares. Following a Q4 earnings beat, the firm says it is “encouraged by the credit update” and thinks credit stability should improve sentiment in the near-term as investors “have been bracing for more deterioration.”