DA Davidson Maintains Neutral on Hope Bancorp, Raises Price Target to $11
Portfolio Pulse from jenniferd'souza@benzinga.com
DA Davidson analyst Gary Tenner maintains a Neutral rating on Hope Bancorp (NASDAQ:HOPE) and raises the price target from $9.5 to $11.
July 25, 2023 | 12:29 pm
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NEUTRAL IMPACT
DA Davidson maintains a Neutral rating on Hope Bancorp and raises the price target from $9.5 to $11.
The news is directly about Hope Bancorp. DA Davidson's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $9.5 to $11 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100