Keefe, Bruyette & Woods Downgrades Bank of Hawaii to Underperform, Announces $47 Price Target
Portfolio Pulse from richadhand@benzinga.com
Keefe, Bruyette & Woods analyst Kelly Motta has downgraded Bank of Hawaii (NYSE:BOH) from Market Perform to Underperform and set a price target of $47.
July 25, 2023 | 10:48 am
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NEGATIVE IMPACT
Bank of Hawaii has been downgraded to Underperform from Market Perform by Keefe, Bruyette & Woods, with a price target of $47.
The downgrade from Market Perform to Underperform by a reputable analyst suggests a negative outlook for the Bank of Hawaii. The set price target of $47 also indicates that the analyst believes the stock is currently overvalued. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100