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Fly News Breaks for March 27, 2019
TCBI
Mar 27, 2019 | 07:17 EDT
As previously reported, Wedbush analyst Peter Winter downgraded Texas Capital to Neutral from Outperform and lowered his price target on the shares to $59 from $65. While the analyst recognizes the stock is cheap trading, given ongoing credit issues and an asset sensitive balance sheet against a more dovish Fed, he believes these two overhangs could limit upside potential.
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