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Fly News Breaks for October 17, 2019
TCBI
Oct 17, 2019 | 08:27 EDT
SunTrust analyst Jennifer Demba lowered her price target on Texas Capital to $58 and kept her Hold rating after its Q3 results. The analyst notes that while the bank beat on earnings and its provision for losses was lower than expected, she remains concerned with its asset quality over the near term and below-peer-group capital levels.