[ad_1]
TD Cowen lowered the firm’s price target on Bank OZK (OZK) to $54 from $56 and keeps a Buy rating on the shares. The firm views the company’s Q4 report as “disappointing.” Bank OZK reported a Q4 earnings miss but prior reserve builds should help position the bank to absorb pressures, the analyst tells investors in a research note. TD believes the stock is “resetting expectations with better days likely ahead.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on OZK:
[ad_2]
Source link
