DA Davidson raised the firm’s price target on Bank of Hawaii (BOH) to $81 from $73 and keeps a Neutral rating on the shares after its Q4 earnings beat. The firm is boosting its earnings estimates as the company’s net interest margin traction appears to be stronger than previously assumed, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOH:
- Bank of Hawaii price target raised to $83 from $78 at Stephens
- Bank of Hawaii price target raised to $83 from $75 at Barclays
- Bank of Hawaii upgraded to Outperform from Market Perform at Keefe Bruyette
- Bank of Hawaii Earnings Call Signals NIM-Driven Upside
- Midday Fly By: Minnesota CEOs call for deescalation, Nvidia invests in CoreWeave