Pacwest Bancorp (PACW) Misses Q3 EPS by 3c

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Piper Jaffray Cuts Price target on Pacwest Bancorp (PACW) Following 3Q15 Earnings Results

October 16, 2015 8:13 AM EDT

Piper Jaffray reiterated an Overweight rating on PacWest Bancorp (NASDAQ: PACW), and cut the price target to $50.00 (from $51.00), following the company's 3Q15 earnings results. While loan growth reemerged nicely with stronger originations and light pay-offs, lower fee income and some ORE noise... More

Piper Jaffray Starts PacWest Bancorp (PACW) at Overweight

October 13, 2015 6:48 AM EDT

Piper Jaffray initiates coverage on PacWest Bancorp (NASDAQ: PACW) with a Overweight rating and a price target of $51.00.

Analyst Brett Rabatin commented, "We initiate coverage on PACW with a Overweight rating and $51 PT based on 16.5x our FY16E, which reflects a... More