Cathay General Bancorp (CATY) Misses Q2 EPS by 2c

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Cathay General Bancorp (CATY) PT Raised to $43 at DA Davidson

July 23, 2024 5:03 AM EDT

DA Davidson analyst Gary Tenner raised the price target on Cathay General Bancorp (NASDAQ: CATY) to $43.00 (from $40.00) while maintaining a Neutral rating.

The analyst comments "CATY missed estimates primarily due to higher expenses, which are expected to decline in the... More