Keefe, Bruyette & Woods Maintains Underperform Rating for Bank of Hawaii: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keefe, Bruyette & Woods has maintained its Underperform rating for Bank of Hawaii (NYSE:BOH) and lowered its price target from $57.00 to $55.00. Bank of Hawaii's shares are currently trading at $67.86, and the new price target suggests a potential decrease of 18.95%.
January 23, 2024 | 5:00 pm
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Keefe, Bruyette & Woods reaffirmed an Underperform rating on Bank of Hawaii, with a price target decrease from $57 to $55, indicating a potential 18.95% downside from the current price.
The reaffirmation of the Underperform rating and reduction in price target by a reputable analyst firm like Keefe, Bruyette & Woods could lead to negative investor sentiment and a potential decrease in the stock price of Bank of Hawaii in the short term. The specific mention of the new price target provides a clear expectation of the stock's potential movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100