Piper Sandler analyst Matthew Clark lowered the firm’s price target on First Hawaiian (FHB) to $25 from $27 and keeps a Neutral rating on the shares. The firm is making some estimate and price target changes for its Western bank coverage in conjunction with the Regional & Community Banks Q1 Preview.
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Read More on FHB:
- First Hawaiian price target lowered to $25 from $29 at JPMorgan
- Aging $995.5 Million Goodwill Puts First Hawaiian at Elevated Risk of Impairment and Earnings Volatility
- First Hawaiian Highlights Strong Capital and Strategic Positioning
- First Hawaiian price target raised to $29 from $28 at TD Cowen
- First Hawaiian price target raised to $29 from $28 at JPMorgan