Piper Sandler raised the firm’s price target on East West Bancorp (EWBC) to $116 from $111 and keeps a Neutral rating on the shares. The firm is trimming its 2026 / 2027 operating EPS estimates to $9.96 / $10.58 from $10.07 / $10.67, based on higher non-interest expense and loan loss provisions, partly offset by stronger net interest income.
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