Piper Sandler raised the firm’s price target on First Hawaiian to $23 from $22 and keeps a Neutral rating on the shares following Q4 results and management’s commentary, and given its updated outlook on the company. The firm believes margin has bottomed and should continue to grind higher.
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Read More on FHB:
- First Hawaiian, Inc. Reports Fourth Quarter 2023 Financial Results and Declares Dividend
- First Hawaiian board adopts $40M stock repurchase program
- First Hawaiian reports Q4 EPS 37c, consensus 44c
- First Hawaiian Inc (FHB) Q4 Earnings Cheat Sheet
- First Hawaiian to Report Fourth Quarter 2023 Financial Results on January 26, 2024
