Wedbush Maintains Outperform on East West Bancorp, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained an 'Outperform' rating on East West Bancorp (NASDAQ:EWBC) and raised the price target from $100 to $110.
October 23, 2024 | 3:56 pm
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Wedbush has reaffirmed its 'Outperform' rating for East West Bancorp and increased the price target to $110, indicating positive expectations for the stock.
The increase in price target from $100 to $110 by Wedbush suggests a positive outlook for East West Bancorp, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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