Truist Securities Maintains Buy on East West Bancorp, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a Buy rating on East West Bancorp (NASDAQ:EWBC) and increased the price target from $85 to $90.

April 01, 2024 | 12:27 pm
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Truist Securities has reaffirmed its Buy rating on East West Bancorp and raised the price target from $85 to $90.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst firm like Truist Securities typically signals a positive outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100