TXCP drops 2% to 52-week low during regular trading

TXCP (TXCP.US) fell more than 2% during regular trading to $99.11, hitting a 52-week low.

Texas Capital Bancshares reported fiscal third-quarter revenue of $357 million. RBC Capital Markets lowered its price target on the stock to $110.00 from $113.00 with a Sector Perform rating, while Citi, TD Cowen, Raymond James, JPMorgan and Stephens made similar cuts, bringing the analyst consensus price target to $104.33.

Based on public media reports. AI-generated; not investment advice.