Keefe Bruyette raised the firm’s price target on East West Bancorp (EWBC) to $120 from $110 and keeps an Outperform rating on the shares. The firm views the bank’s Q2 earnings report as “high-quality” and sees solid fundamentals going forward.
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Read More on EWBC:
- East West Bancorp price target raised to $125 from $115 at DA Davidson
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- Balanced Outlook for East West Bancorp: Positive Trends Amid Macroeconomic Uncertainty Justify Hold Rating
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