Truist Securities Maintains Buy on East West Bancorp, Lowers Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on East West Bancorp but has lowered the price target from $96 to $93.
September 20, 2024 | 3:29 pm
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NEUTRAL IMPACT
Truist Securities has maintained its Buy rating on East West Bancorp but has lowered the price target from $96 to $93.
The maintenance of a Buy rating suggests continued confidence in East West Bancorp's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100