Breaking Down East West Bancorp: 4 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Analysts' ratings for East West Bancorp (NASDAQ:EWBC) vary from bullish to bearish. The average 12-month price target has risen to $90.5. Key analysts have adjusted their ratings and price targets, reflecting their response to recent developments. East West Bancorp's financial performance shows strong profitability and effective cost management despite a recent revenue decline.
July 24, 2024 | 1:00 pm
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Analysts' ratings for East West Bancorp (NASDAQ:EWBC) vary from bullish to bearish. The average 12-month price target has risen to $90.5. Key analysts have adjusted their ratings and price targets, reflecting their response to recent developments. East West Bancorp's financial performance shows strong profitability and effective cost management despite a recent revenue decline.
The mixed analyst ratings and the slight increase in the average price target suggest a cautiously optimistic outlook for East West Bancorp. The company's strong profitability metrics and effective cost management, despite a recent revenue decline, support a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100