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Bank of Hawaii assumed with a Neutral at Piper Sandler

Piper Sandler analyst Matthew Clark assumed coverage of Bank of Hawaii (BOH) with a Neutral rating and $71 price target The Hawaii banks are positioned well to improve profitability by increasing net interest income despite low-single-digit loan and deposit growth outlooks, the analyst tells investors in a research note. The firm views Bank of Hawaii as fairly valued at current levels.

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