Jefferies Maintains Buy on East West Bancorp, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Elan Zanger maintains a Buy rating on East West Bancorp (EWBC) and raises the price target from $86 to $88.
April 08, 2024 | 7:12 pm
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Jefferies analyst Elan Zanger maintains a Buy rating on East West Bancorp and raises the price target from $86 to $88.
The upgrade in price target by a reputable analyst like Elan Zanger from Jefferies indicates a positive outlook on East West Bancorp's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100