BofA raised the firm’s price target on First Hawaiian (FHB) to $28 from $27 and keeps an Underperform rating on the shares. Most mid-cap banks maintained 2026 NII/NIM guidance while removing rate cuts from underlying assumptions, underscoring the sensitivity to the flattening yield curve, the analyst tells investors in a research note. The firm added that it still sees downward revision risk to NII from stickier-than-anticipated deposit costs.
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Read More on FHB:
- First Hawaiian price target raised to $29 from $28 at TD Cowen
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