Barclays Maintains Overweight on East West Bancorp, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on East West Bancorp (NASDAQ:EWBC) and raises the price target from $108 to $110.
October 23, 2024 | 12:30 pm
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Barclays analyst Jared Shaw has reaffirmed an Overweight rating on East West Bancorp and increased the price target from $108 to $110, indicating a positive outlook.
The increase in price target from $108 to $110 by Barclays suggests a positive outlook for East West Bancorp, likely leading to a short-term positive impact on the stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100