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Bank of Hawaii price target raised to $85 from $77 at BofA

BofA raised the firm’s price target on Bank of Hawaii (BOH) to $85 from $77 and keeps an Underperform rating on the shares. Most mid-cap banks maintained 2026 NII/NIM guidance while removing rate cuts from underlying assumptions, underscoring the sensitivity to the flattening yield curve, the analyst tells investors in a research note. The firm added that it still sees downward revision risk to NII from stickier-than-anticipated deposit costs.

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