Barclays Maintains Overweight on East West Bancorp, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on East West Bancorp (NASDAQ:EWBC) but lowers the price target from $106 to $105.
June 24, 2024 | 4:29 pm
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Barclays analyst Jared Shaw maintains an Overweight rating on East West Bancorp (NASDAQ:EWBC) but lowers the price target from $106 to $105.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100