DA Davidson raised the firm’s price target on Texas Capital (TCBI) to $104 from $94 and keeps a Neutral rating on the shares. The company delivered another strong quarter, handily beating consensus estimates, with the ROA coming in above its 1.1% target for the second quarter in a row at 1.20%, the analyst tells investors in a research note. The management did not provide a new ROA target, but it’s fair to assume the 1.1% ROA is now floor given a positive earnings outlook in 2026, the firm added.
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