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Fly News Breaks for December 6, 2018
TCBI
Dec 6, 2018 | 08:41 EDT
Wedbush analyst Peter Winter lowered his price target for Texas Capital to $84 from $93 to reflect lower average loan growth and a lower margin. The analyst recognizes that some of the tailwinds that the company has enjoyed are turning into headwinds as loan growth is expected to slow. He reiterates an Outperform rating on the shares.
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