Jefferies Starts BOK Financial (BOKF) at Hold

Jefferies analyst David Chiaverini initiates coverage on BOK Financial (NASDAQ: BOKF) with a Hold rating and a price target of $105.00.

The analyst comments "We are initiating coverage of BOK Financial with a HOLD rating and $105 price target. We like BOKF’s high level of fee income relative to peers and believe that this more diverse business model should warrant a premium valuation. However, recent economic uncertainty has clouded the growth outlook for BOKF's fee businesses, and without another clear catalyst, we believe the company's outlook is appropriately reflected in its relative valuation."

For an analyst ratings summary and ratings history on BOK Financial click here. For more ratings news on BOK Financial click here.

Shares of BOK Financial closed at $97.76 yesterday.

You May Also Be Interested In

• Carvana (CVNA) PT Lowered to $85 at RBC Capital
• Adobe (ADBE) PT Lowered to $250 at DA Davidson
• BofA Securities Resumes Williams-Sonoma (WSM) at Buy