Texas Capital Bancshares Inc (TCBI) Sees Price Target Increase to $94 Ahead of Earnings

Bank of America has increased its price target for Texas Capital (TCBI) from $89 to $94, maintaining a Buy rating. The company is expected to benefit from stable earnings, accelerated loan growth, and heightened investment banking activities. The average target price for TCBI is $79.83, with a high estimate of $94.00 and a low estimate of $69.00. The estimated GF Value for TCBI in one year is $85.50, suggesting a downside of 0.98% from the current price.