JPMorgan lowered the firm’s price target on First Hawaiian (FHB) to $25 from $29 and keeps an Underweight rating on the shares. To reflect the ongoing Iran conflict and a backdrop of no rate cuts being priced in this year per the forward curve, JPMorgan reduced year-end 2026 price targets in the small- and mid-cap bank group by 10% on average ahead of the Q1 reports.
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Read More on FHB:
- Aging $995.5 Million Goodwill Puts First Hawaiian at Elevated Risk of Impairment and Earnings Volatility
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- First Hawaiian price target raised to $29 from $28 at TD Cowen
- First Hawaiian price target raised to $29 from $28 at JPMorgan
- First Hawaiian price target lowered to $27 from $28 at Piper Sandler