Truist Securities Maintains Buy on East West Bancorp, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on East West Bancorp and raised the price target from $93 to $101, indicating confidence in the company's future performance.
October 23, 2024 | 12:49 pm
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Truist Securities has increased its price target for East West Bancorp from $93 to $101, maintaining a Buy rating. This suggests a positive outlook for the company's stock.
The increase in price target from $93 to $101 by Truist Securities, along with the maintained Buy rating, indicates a strong positive sentiment towards East West Bancorp's future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100