BOK Financial price target lowered to $114 from $116 at Stephens

Stephens lowered the firm’s price target on BOK Financial (BOKF) to $114 from $116 and keeps an Equal Weight rating on the shares. The firm’s updated forecast after Q3 results assumes mid-single-digit growth of pre-provision net revenue, or PPNR, in 2025 and 2026 as it believes the company is positioned for positive operating leverage, the analyst tells investors.