TD Cowen lowered its price target on Bank OZK to $54 from $56, citing a “disappointing” Q4 report. Despite an earnings miss, prior reserve builds may help the bank weather pressures. The firm maintains a Buy rating, believing the stock is setting expectations for better days ahead. Analysts see potential for improvement.
Read more at Yahoo Finance: Bank OZK price target lowered to $54 from $56 at TD Cowen
