Wedbush Maintains Neutral on East West Bancorp, Raises Price Target to $65
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst David Chiaverini maintains a Neutral rating on East West Bancorp (NASDAQ:EWBC) and raises the price target from $55 to $65.
July 21, 2023 | 12:10 pm
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NEUTRAL IMPACT
Wedbush maintains a Neutral rating on East West Bancorp and raises the price target from $55 to $65.
The news is directly about East West Bancorp. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100