TriCo Bancshares price target lowered to $50 from $52 at Stephens

Stephens lowered the firm’s price target on TriCo Bancshares (TCBK) to $50 from $52 and keeps an Overweight rating on the shares following the company’s Q3 report. With TriCo set to cross $10B in assets in 2025, the firm believes potential M&A over the next 6-12 months remains a focus, the analyst tells investors.