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Texas Capital Bancshares, Inc. (TCBI) [hlAlert]

Rating:
Strong Buy
TCBI
up 13.97 %

Texas Capital Bancshares, Inc. (TCBI) rated Strong Buy by Raymond James

Posted on: Thursday,  Oct 24, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Texas Capital Bancshares, Inc. (NASDAQ: TCBI) on 10/24/2013. Previously Raymond James rated Outperform Texas Capital Bancshares, Inc. (NASDAQ:
TCBI) on 07/25/2013., when the stock price was $45.65. Since then, Texas Capital Bancshares, Inc. has gained 13.98% as of 01/21/2016's recent price of $52.03.
If you would have followed the previous Raymond James's recommendation on TCBI, you would have gained 13.97% of your investment in 910 days.

Texas Capital Bancshares' primary subsidiary is Texas Capital Bank, a commercial bank that delivers highly personalized financial services to Texas-based businesses and private client individuals. Headquartered in Dallas, the bank has full-service locations in Austin, Dallas, Fort Worth, Houston, Plano, and San Antonio.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/24/2013 8:25 AM Buy
None
53.75
as of 12/13/2013
1 Week up  0.93 %
1 Month up  9.00 %
3 Months up  24.72 %
1 YTD up  6.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2013 9:25 AM Buy
None
45.65

(*) Stock Price at the time of the recommendation.
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