Compass Point Maintains Buy on East West Bancorp, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Dave Rochester maintains a Buy rating on East West Bancorp (NASDAQ:EWBC) and raises the price target from $93 to $110.
October 24, 2024 | 3:42 pm
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POSITIVE IMPACT
Compass Point has reiterated its Buy rating for East West Bancorp and increased the price target from $93 to $110, indicating a positive outlook.
The increase in price target from $93 to $110 by Compass Point suggests a strong positive outlook for East West Bancorp. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100