Texas Capital Bancshares Inc
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Financials : Banks | Small Cap Growth
Company profile

Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.

Postmarket

Last Trade
Delayed
$38.75
0.23 (0.60%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$38.52
Day's Change
1.21 (3.24%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
38.84
Day's Low
37.15
Volume
(Heavy Day)
Volume:
464,851

10-day average volume:
341,646
464,851

Palo Alto Networks stock gains after BTIG upgrade

9:26 am ET August 5, 2020 (MarketWatch)
Print

Shares of Palo Alto Networks Inc. (PANW) are up more than 2% in premarket trading Wednesday after BTIG analyst Gray Powell upgraded the stock to buy from neutral, writing that his conversations within the industry suggest the cybersecurity company has been improving its sales execution for its core firewall business and that trends seemed strong through July. "We heard that Palo Alto Networks' quarter-end activity was further elevated in July with one contact indicating that it was the busiest ever, he wrote, giving him "a much higher degree of confidence" with regards to the company's fiscal fourth quarter, which ended in July. Powell also heard of "improved traction" for the company as far as federal government contract wins. Powell set a $313 price target on the shares, which are up 29% over the past three months as the S&P 500 has gained 15%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 05, 2020 09:26 ET (13:26 GMT)

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