Barclays raised the firm’s price target on East West Bancorp (EWBC) to $150 from $145 and keeps an Overweight rating on the shares. The firm adjusted targets in the mid-cap bank group as part of its 2026 outlook. More differentiation in loan growth and book value expansion is expected within the group next year, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EWBC:
- East West Bancorp initiated with a Buy at Deutsche Bank
- East West Bancorp price target lowered to $115 from $118 at UBS
- East West Bancorp price target raised to $116 from $112 at Truist
- East West Bancorp price target raised to $133 from $128 at BofA
- East West Bancorp: Strong Financial Performance and Strategic Positioning Justify Buy Rating