Keefe, Bruyette & Woods Maintains Outperform on East West Bancorp, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher Mcgratty maintains an Outperform rating on East West Bancorp (NASDAQ:EWBC) and raises the price target from $82 to $85.
April 24, 2024 | 2:43 pm
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East West Bancorp's Outperform rating is maintained by Keefe, Bruyette & Woods, with a price target increase from $82 to $85.
The maintenance of an Outperform rating combined with a raised price target typically signals analyst confidence in the company's future performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100