Keefe, Bruyette & Woods downgrades First Citizens to Market Perform

0 min read | Published on 09 Jul 2026, 04:02 PM |Updated on 09 Jul 2026, 04:02 PM

Reviewed by

Riya DScanX News Team

Key Highlights

Keefe, Bruyette & Woods analyst Christopher Mcgratty downgraded First Citizens BancShares from Outperform to Market Perform while maintaining the price target at $2300.

*this image is generated using AI for illustrative purposes only.

Keefe, Bruyette & Woods analyst Christopher Mcgratty has downgraded First Citizens BancShares (NASDAQ: FCNCA) from Outperform to Market Perform. The rating change reflects a revised outlook on the stock's performance potential. The firm has maintained its price target at $2300.

Rating and Target Details

The downgrade shifts First Citizens BancShares from a positive Outperform rating to a neutral Market Perform stance. Despite the rating adjustment, the price target remains unchanged at $2300, indicating that the firm expects the stock to trade near current levels.

Metric	Previous	Current
Rating	Outperform	Market Perform
Price Target	$2300	$2300

First Citizens BancShares operates as a financial holding company. The stock is listed on the NASDAQ under the ticker symbol FCNCA.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove KBW to revise the stock's performance potential despite maintaining the price target?

How might this downgrade influence investor sentiment toward First Citizens BancShares in the short term?

What are the key risks or challenges that could prevent the stock from reaching the $2300 target?

JP Morgan raises First Citizens BancShares target to $2350

0 min read | Published on 02 Jul 2026, 12:06 AM |Updated on 02 Jul 2026, 12:06 AM

Reviewed by

Radhika SScanX News Team

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Key Highlights

JP Morgan analyst Anthony Elian maintains a Neutral rating on First Citizens BancShares and raises the price target to $2350 from $2150, reflecting a revised valuation outlook.

*this image is generated using AI for illustrative purposes only.

JP Morgan analyst Anthony Elian has maintained a Neutral rating on First Citizens BancShares while raising the price target to $2350 from the previous $2150. The revised target indicates a higher valuation expectation for the stock despite the unchanged stance on its overall performance potential.

The brokerage's decision to adjust the price target comes as part of its regular evaluation of the company's financial position and market prospects. First Citizens BancShares continues to operate under the ticker symbol FCNCA on the NASDAQ.

Rating and Price Action

The following table outlines the changes in JP Morgan's assessment:

Metric	Previous Value	New Value
Rating	Neutral	Neutral
Price Target	$2150	$2350

The maintenance of the Neutral rating suggests that while the price target has increased, the analyst does not see a compelling reason to upgrade the stock to a Buy or downgrade it to a Sell at this time.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove JP Morgan to raise the price target while maintaining a Neutral rating?

How might First Citizens' recent acquisitions or financial performance influence future analyst ratings?

What are the potential risks or headwinds that could prevent the stock from reaching the new $2350 target?