East West Bancorp (EWBC) PT Lowered to $57 at Wedbush

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East West Bancorp (EWBC) PT Lowered to $58 at BMO Capital

April 22, 2019 7:44 AM EDT

BMO Capital analyst Lana Chan lowered the price target on East West Bancorp (NASDAQ: EWBC) to $58.00 (from $59.00) while maintaining a Outperform rating.

3% core EPS miss in 1QLowering estimates by 3% to $4.93 for 2019 and by 2% to $5.30 for 2020 to reflect a flatter NIM outlook and slightly weaker fees... More