Morgan Stanley Maintains Equal-Weight on East West Bancorp, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on East West Bancorp (NASDAQ:EWBC) and raises the price target from $54 to $56.
July 07, 2023 | 3:41 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on East West Bancorp and raises the price target from $54 to $56. This could potentially lead to a positive sentiment among investors.
The raised price target by Morgan Stanley indicates a positive outlook for East West Bancorp. This could potentially lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100