Pacwest Bancorp (PACW) Tops Q3 EPS by 9c
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PacWest Bancorp (PACW) PT Lowered to $54 at Piper Jaffray; Reiterates Overweight
October 18, 2017 8:11 AM EDTPiper Jaffray lowered its price target on PacWest Bancorp (NASDAQ: PACW) to $54.00 (from $57.00) while maintaining a Overweight rating. Analyst Brett D. Rabatin trimmed FY17/18/19 estimates to $2.97/$3.25/$3.50 from $2.99/$3.37/$3.67. Lower NIM has again resulted in a more conservative forward estimate.
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