MarketBeat Analyst action
Third Coast Bancshares (NASDAQ:TCBX) Reaches New 1-Year High - Here's Why
Third Coast Bancshares (NASDAQ:TCBX) recently achieved a new 52-week high, trading up to $45.12 and closing at $44.97. Analyst sentiment for TCBX is positive, with a "Moderate Buy" consensus and an average price target of $46.00. The company also authorized a $30 million share repurchase program, indicating management's belief that the stock may be undervalued.