[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 3 sources · 6 days · First seen · Last updated

Banking sector analyst price target adjustments

Overview

Financial analysts have adjusted stock price targets for First Hawaiian and National Bank Holdings Corporation.

TD Cowen reduced its price target for First Hawaiian from $31.00 to $28.00 while maintaining a ‘hold’ rating, and JPMorgan Chase & Co. moved its rating to ‘neutral’ with a target of $29.00.

National Bank Holdings Corporation saw target reductions from DA Davidson, which lowered its projection to $43 from $45 citing $46.8 million in loan charge-offs in the healthcare and franchise sectors, and Stephens, which lowered its target from $49 to $46 following a second-quarter operational earnings miss.

Entities

First Hawaiian · Barclays · DA Davidson · National Bank Holdings Corporation · Piper Sandler

Timeline

  1. [BUSINESS] 2 sources
    Financial analysts adjust price targets for First Hawaiian and National Bank Holdings

    Research firms have lowered price targets for First Hawaiian and National Bank Holdings Corporation following earnings misses and loan charge-offs.

  2. [BUSINESS] 2 sources
    Banc of California sees price target reductions from analysts

    Banc of California saw price target reductions from Piper Sandler and Wells Fargo to $22.00 following a second-quarter loss of $1.61 per share, missing analyst profit expectations.

Sources

ad-hoc-news.de · stocknews.com · world-today-news.com