Raymond James has decided to maintain its Strong Buy rating from Texas Capital Bancshares TCBI and increase its price target from $70.00 to $73.00.
Shares of Texas Capital Bancshares are trading down 0.83% in the past 24 hours, at $60.81 per share.
A move to $73.00 would represent a 20.05% increase over the current stock price.
About Texas Capital Bancshares
Texas Capital Bancshares Inc is a secured lender, with the majority of loans held for investment purposes, excluding mortgages and other domestic lines of business. The company’s domestic business lines provide specialized lending products to businesses across the United States. The bank operates in major metropolitan areas of Texas, such as Austin, Dallas, Fort Worth, Houston, and San Antonio.
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