Morgan Stanley analyst Manan Gosalia initiates coverage on East West Bancorp (NASDAQ:EWBC) with a Equal-Weight rating and announces Price Target of $84.
On Thursday, shares of East West Bancorp, Inc. (NASDAQ: EWBC) experienced volatile short activity. After the activity, the stock price went down -2.18% to $68.36.
The overall sentiment for EWBC has been Bearish.
If history is any guide, there may be trouble ahead for shares of East West Bancorp (NASDAQ:EWBC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
East West Bancorp (NASDAQ:EWBC) is set to give its latest quarterly earnings report on Thursday, 2022-04-21. Here's what investors need to know before the announcement.
Analysts estimate that East West Bancorp will report an earnings per share (EPS) of $1.52.