Hope Bancorp, Inc. (HOPE) Misses Q3 EPS by 2c

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DA Davidson Reiterates Buy Rating on Hope Bancorp (HOPE)

October 29, 2024 6:03 AM EDT

DA Davidson analyst Gary Tenner reiterated a Buy rating and $15.00 price target on Hope Bancorp (NASDAQ: HOPE).

The analyst comments "HOPE's third quarter reflected additional NIM compression as loan yields moved lower in September ahead of the rate cut. We expect... More