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Fly News Breaks for October 18, 2018
TCBI
Oct 18, 2018 | 07:12 EDT
Wedbush analyst Peter Winter lowered his price target for Texas Capital to $94 from $104 after the company reported quarterly results. The analyst notes that Texas Capital maintained its guidance of low to mid-teens for loans held for investment, but growth is expected to moderate in Q4. Winter reiterates an Outperform rating on the shares.