Wedbush Maintains Neutral on East West Bancorp, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on East West Bancorp (NASDAQ:EWBC) and lowered the price target from $58 to $57.

October 20, 2023 | 1:15 pm
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NEUTRAL IMPACT
Wedbush has maintained a Neutral rating on East West Bancorp and lowered the price target from $58 to $57. This could potentially impact the stock's performance.
The news is directly about East West Bancorp. The lowered price target could indicate a slightly less optimistic outlook for the company, but the maintained Neutral rating suggests that the overall sentiment towards the company hasn't changed significantly. This could lead to some uncertainty among investors, potentially impacting the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100