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Bank OZK downgraded to Underweight from Equal Weight at Wells Fargo

Wells Fargo downgraded Bank OZK to Underweight from Equal Weight with a $41 price target. The set-up through 2025 looks “eerily familiar” to 2018/2019, when rate-hikes stopped, loan growth slowed, CRE uncertainty intensified, and shares traded down, the analyst tells investors in a research note.

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