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CrossFirst Bancshares downgraded to Market Perform from Outperform at Raymond James
The Fly

CrossFirst Bancshares downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Michael Rose downgraded CrossFirst Bancshares to Market Perform from Outperform ahead of the Q4 earnings report. Rose is skeptical how its loan book will perform upon entering a challenging credit cycle, which is an increasingly likely scenario, the analyst tells investors in a research note. The analyst now views risk-reward as balanced.

Published first on TheFly

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