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Stock impact report

Keefe Bruyette Maintains Outperform Rating on First Citizens (FCNCA) [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
On April 8, 2026, Keefe Bruyette analyst Christopher McGratty lowered the price target on First Citizens BancShares, Inc. (NASDAQ:FCNCA) to $2,300 from $2,375 previously and maintained an Outperform rating on the shares. Meanwhile, Deutsche Bank has downgraded First Citizens BancShares, Inc. (NASDAQ:FCNCA) to Hold from Buy with a $2,154 price target on the shares. Earlier in the month, JPMorgan had also downgraded First Citizens BancShares, Inc. (NASDAQ:FCNCA) to Neutral from Overweight and cut its price target to $2,200 from $2,450 previously, citing a less favorable rate environment. The firm said that the absence of expected rate cuts works against the recovery of the company's SVB franchise, which depends on stronger loan and deposit growth tied to improving innovation economy activity and exit markets that have yet to rebound. Keefe Bruyette Maintains Outperform Rating on First Citizens (FCNCA) Adam Gregor/Shutterstock.com Separately, First Citizens BancShares, Inc. (NAS Show less Read more
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