Community West Bancshares price target raised to $22 from $19 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Community West Bancshares (CWBC) to $22 from $19 and keeps a Market Perform rating on the shares. The provision miss was driven by underlying Moody’s assumptions, though overall credit quality remained clean, the analyst tells investors in a research note.