BOK Financial price target raised to $93 from $89 at RBC Capital

RBC Capital raised the firm’s price target on BOK Financial to $93 from $89 and keeps a Sector Perform rating on the shares. The company’s Q4 core trends reflected balanced results with spread revenues declining as loan growth helped offset a modestly lower margin, while core fees were relatively stable, and core expenses were slightly higher, the analyst tells investors in a research note. Credit trends were acceptable with higher nonperforming assets, but overall metrics remain very manageable, the firm added.