Piper Sandler lowered the firm’s price target on Community West Bancshares (CWBC) to $19 from $22 and keeps an Overweight rating on the shares. Following the quarter, the firm’s notable model adjustments include slightly higher expenses, lower fee income and a higher tax rate.
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Read More on CWBC:
- Community West Bancshares price target lowered to $19 from $21 at Keefe Bruyette
- Community West Bancshares reports Q1 EPS 44c, consensus 46c
- Community West Bancshares Engages in Investor Roadshow
- Community West Bancshares appoints Hinson Thomas chief credit officer
- Community West Bancshares Appoints New Chief Credit Officer
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