Jefferies Maintains Buy on East West Bancorp, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Elan Zanger maintains a Buy rating on East West Bancorp (NASDAQ:EWBC) but lowers the price target from $94 to $85.

July 03, 2024 | 3:20 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Jefferies analyst Elan Zanger maintains a Buy rating on East West Bancorp but lowers the price target from $94 to $85.
The maintained Buy rating suggests continued confidence in East West Bancorp's performance, but the lowered price target indicates some caution about its near-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100