Bank OZK price target lowered to $54 from $56 at TD Cowen

TD Cowen lowered the firm’s price target connected Bank OZK (OZK) to $54 from $56 and keeps a Buy standing connected the shares. The steadfast views the company’s Q4 study arsenic “disappointing.” Bank OZK reported a Q4 net miss but anterior reserve builds should assistance presumption the slope to sorb pressures, the expert tells investors successful a probe note. TD believes the banal is “resetting expectations with amended days apt ahead.”

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• Bank OZK terms people lowered to $62 from $64 astatine Stephens

• Bank OZK terms people lowered to $57 from $59 astatine Morgan Stanley

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