East West Bancorp (EWBC – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Timur Braziler from Wells Fargo reiterated a Buy rating on the stock and has a $100.00 price target.
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Timur Braziler has given his Buy rating due to a combination of factors that highlight East West Bancorp’s strong financial outlook and strategic positioning. The management’s updated guidance indicates a positive shift in net interest income (NII) and revenue projections, now trending above 6%, which aligns with Braziler’s estimates and surpasses street expectations. This upward trend reflects the company’s resilience against tariff pressures, as previously discussed at a recent conference.
Additionally, the balance sheet remains robust with modest increases in loans and deposits, and the company is strategically managing its exposure to commercial real estate. Expansion efforts in key markets such as Dallas, Houston, and New York further underscore the company’s growth potential. Despite the looming expiration of the tariff pause, the perceived risk appears minimal, with only a small fraction of loans directly impacted. These factors collectively support Braziler’s optimistic outlook and Buy rating for East West Bancorp.
In another report released yesterday, KBW also reiterated a Buy rating on the stock with a $110.00 price target.
EWBC’s price has also changed slightly for the past six months – from $103.610 to $95.260, which is a -8.06% drop .