BOK Financial Corporation (BOKF, Financial) recently had its price target decreased by Stephens from $124 to $110, maintaining an Equal Weight rating on the company's shares. Despite the first quarter demonstrating stable credit quality and effective cost management, the company's revenue performance has faced challenges.
Analysts at Stephens have pointed out that while the company's credit metrics and expense oversight remain strong, the overall revenue has been impacted by declining fees and commissions. Additionally, there has been a noticeable slowdown in loan growth, contributing to the softer revenue trends.
