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A Quick Look at Today's Ratings for Texas Capital Bancshares(TCBI.US), With a Forecast Between $60 to $85

Futu News ·  Oct 18 21:00  · Ratings

On Oct 18, major Wall Street analysts update their ratings for $Texas Capital Bancshares (TCBI.US)$, with price targets ranging from $60 to $85.

Barclays analyst Jared Shaw maintains with a sell rating, and adjusts the target price from $49 to $60.

RBC Capital analyst Jon Arfstrom maintains with a hold rating, and adjusts the target price from $73 to $83.

Wedbush analyst David Chiaverini maintains with a hold rating, and adjusts the target price from $77 to $85.

Piper Sandler analyst Stephen Scouten maintains with a hold rating, and maintains the target price at $82.

Truist Financial analyst Brandon King maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Texas Capital Bancshares (TCBI.US)$'s main analysts recently are as follows:

  • Following a robust quarter marked by solid net interest and fee income performance, the bank presented detailed guidance for 2025 that is considered 'quite ambitious'.

  • Texas Capital's recent quarterly earnings were described as solid, with core trends meeting or surpassing expectations, indicating that momentum is building at the franchise level. It is suggested that managing expenses effectively into 2025 will be key for Texas Capital to reach its extended performance targets.

Here are the latest investment ratings and price targets for $Texas Capital Bancshares (TCBI.US)$ from 5 analysts:

StockTodayLatestRating_nn_203339_20241018_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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