Alert: Major Price Advance (11/6/24)-Bank OZK (NASDAQ: OZK).

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Bank OZK (NASDAQ: OZK) stock enjoyed a major increase of 11.2% on 11/6/24. The shares closed at $49.33. Moreover, this advance was accompanied by exceptionally high trading volume at 296% of normal. The stock has performed in line with the market over the last nine months and has risen 11.8% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, OZK is expected to continue to be a Value Builder.

Bank OZK has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Bank OZK has a very high Appreciation Score of 92 but a neutral Power Rating of 49, and the Positive Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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