JPMorgan raised the firm’s price target on First Hawaiian (FHB) to $29 from $27 and keeps an Underweight rating on the shares. The firm sees “solid upside potential” for the regional banks in 2026. Tailwinds for the group include additional Federal Reserve rate cuts, loan growth continuing, and the more mergers and acquisitions, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FHB:
- First Hawaiian upgraded to Equal Weight from Underweight at Barclays
- First Hawaiian price target raised to $29 from $28 at Keefe Bruyette
- First Hawaiian price target raised to $26 from $25 at Barclays
- Cautious Outlook for First Hawaiian Amid Temporary Growth and Economic Challenges
- First Hawaiian price target raised to $28 from $27 at Piper Sandler
