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Texas Capital Bancshares (TCBI) PT Raised to $83 at RBC Capital

October 18, 2024 7:11 AM EDT
Get Alerts TCBI Hot Sheet
Price: $101.51 +1.15%

Rating Summary:
    8 Buy, 12 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 5 | Down: 11 | New: 27
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RBC Capital analyst Jon G. Arfstrom raised the price target on Texas Capital Bancshares (NASDAQ: TCBI) to $83.00 (from $73.00) while maintaining a Sector Perform rating.

The analyst comments "We are recapping 3Q results. This was solid quarter with core trends meeting or exceeding expectations. Momentum at the franchise is building. Delivering diversified revenue growth, while controlling expenses in 2025 are drivers of achieving the longer-term performance goals. Adjusting estimates and price target."



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