Truist analyst David Smith initiated coverage of East West Bancorp (EWBC) with a Hold rating and $102 price target The bank has a high-quality franchise with top-quartile profitability and capital, but ongoing uncertainty surrounding trade policy plus an asset sensitive balance sheet and potential loan growth headwinds keep the firm on the sidelines, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EWBC:
- East West Bancorp Reports Strong Earnings Amid Economic Caution
- East West Bancorp price target lowered to $100 from $118 at DA Davidson
- East West Bancorp price target lowered to $110 from $128 at Keefe Bruyette
- East West Bancorp price target raised to $110 from $105 at Barclays
- East West Bancorp Reports Strong Q1 2025 Results