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East West Bancorp price target raised to $95 from $87 at Piper Sandler

Piper Sandler raised the firm’s price target on East West Bancorp (EWBC) to $95 from $87 and keeps a Neutral rating on the shares following quarterly results. The firm also increased its 2024/2025 EPS to $8.43/$8.60 from $8.19/$8.30, based on results and in consideration of its guidance including commentary from the call.

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