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.
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: Strong Financial Performance and Growth Potential Underpin Buy Rating
- Balanced Outlook for East West Bancorp: Positive Trends Amid Macroeconomic Uncertainty Justify Hold Rating
- East West Bancorp Reports Record Q2 2025 Earnings
- East West Bancorp Reports Strong Q2 2025 Financial Results
- East West Bancorp reports Q2 EPS $2.24, consensus $2.25