Wedbush Maintains Neutral on Hope Bancorp, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on Hope Bancorp (NASDAQ:HOPE) and lowered the price target from $10 to $9.
October 24, 2023 | 12:42 pm
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NEUTRAL IMPACT
Wedbush has maintained a Neutral rating on Hope Bancorp and lowered the price target from $10 to $9.
The news directly pertains to Hope Bancorp as the company's stock rating has been maintained as Neutral by Wedbush. However, the price target has been lowered from $10 to $9, which could potentially influence investor sentiment and the stock's short-term performance. The impact is neutral as the rating remains unchanged, but the lower price target may cause some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100