Piper Sandler Downgrades Bank of Hawaii to Underweight, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Andrew Liesch has downgraded Bank of Hawaii (NYSE:BOH) from Neutral to Underweight and lowered the price target from $70 to $61.
August 12, 2024 | 9:41 am
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Piper Sandler analyst Andrew Liesch downgraded Bank of Hawaii (NYSE:BOH) from Neutral to Underweight and reduced the price target from $70 to $61.
The downgrade from Neutral to Underweight and the reduction in the price target from $70 to $61 by Piper Sandler is likely to negatively impact the stock price of Bank of Hawaii in the short term. Such downgrades typically signal a lack of confidence in the stock's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100