Wells Fargo Maintains Overweight on East West Bancorp, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Overweight rating on East West Bancorp and increased the price target from $97 to $105.
October 23, 2024 | 2:27 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on East West Bancorp and increased the price target to $105, indicating a positive outlook.
The increase in price target from $97 to $105 by Wells Fargo suggests a positive outlook for East West Bancorp, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100