East West Bancorp (EWBC) Gets a Buy from D.A. Davidson
In a report released today, from D.A. Davidson maintained a Buy rating on East West Bancorp, with a price target of $135.00.
Claim 50% 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
In addition to D.A. Davidson, East West Bancorp also received a Buy from TD Cowen’s Janet Lee in a report issued on January 23. However, on the same day, Truist Financial maintained a Hold rating on East West Bancorp (NASDAQ: EWBC).
Based on East West Bancorp’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.25 billion and a net profit of $368.39 million. In comparison, last year the company earned a revenue of $1.15 billion and had a net profit of $299.17 million
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EWBC in relation to earlier this year. Last month, Irene Oh, the CRO of EWBC sold 7,453.00 shares for a total of $848,896.70.
Read More on EWBC:
Disclaimer & DisclosureReport an Issue
- East West Bancorp price target raised to $116 from $111 at Piper Sandler
- East West Bancorp Earnings Call: Record Year, Cautious 2026
- East West Bancorp price target raised to $121 from $120 at Truist
- East West Bancorp price target raised to $135 from $131 at Keefe Bruyette
- Closing Bell Movers: Intel falls 12% on soft guidance
