DA Davidson raised the firm’s price target on East West Bancorp (EWBC) to $125 from $115 and keeps a Buy rating on the shares. East West Bancorp’s Q2 was solidly in line with expectations, highlighted by solid loan growth, positive revisions to the net interest income and total revenue outlook, along with improved credit metrics, the analyst tells investors in a research note.
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Read More on EWBC:
- East West Bancorp: Strong Financial Performance and Growth Potential Underpin Buy Rating
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