DA Davidson raised the firm’s price target on Texas Capital (TCBI) to $81 from $73 and keeps a Neutral rating on the shares after its Q3 results. The company’s credit costs are performing slightly better than July’s guidance and the management expects a lower provision expense in 2025, the analyst tells investors in a research note.
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Read More on TCBI:
- Texas Capital price target raised to $86 from $80 at Truist
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- Piper downgrades Texas Capital to Neutral on execution risk
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