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Analysts’ Opinions Are Mixed on These Financial Stocks: OFG Bancorp (OFG), Nasdaq (NDAQ) and East West Bancorp (EWBC)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on OFG Bancorp (OFGResearch Report), Nasdaq (NDAQResearch Report) and East West Bancorp (EWBCResearch Report).

OFG Bancorp (OFG)

Wells Fargo analyst Timur Braziler maintained a Buy rating on OFG Bancorp yesterday and set a price target of $37.00. The company’s shares closed last Thursday at $32.60, close to its 52-week high of $32.76.

Braziler has an average return of 10.0% when recommending OFG Bancorp.

According to TipRanks.com, Braziler is ranked #7493 out of 8524 analysts.

Currently, the analyst consensus on OFG Bancorp is a Moderate Buy with an average price target of $38.00.

See today’s best-performing stocks on TipRanks >>

Nasdaq (NDAQ)

Bank of America Securities analyst Craig Siegenthaler reiterated a Sell rating on Nasdaq yesterday and set a price target of $50.00. The company’s shares closed last Thursday at $49.61, close to its 52-week low of $48.65.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 10.9% and a 63.1% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Victory Capital Holdings, and Apollo Global Management.

Nasdaq has an analyst consensus of Moderate Buy, with a price target consensus of $60.64.

East West Bancorp (EWBC)

Wells Fargo analyst Jared Shaw maintained a Buy rating on East West Bancorp yesterday and set a price target of $70.00. The company’s shares closed last Thursday at $60.61.

According to TipRanks.com, Shaw is a 1-star analyst with an average return of -3.2% and a 44.1% success rate. Shaw covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Pinnacle Financial Partners, and Columbia Banking System.

Currently, the analyst consensus on East West Bancorp is a Moderate Buy with an average price target of $66.14, which is a 7.2% upside from current levels. In a report issued on July 11, Jefferies also maintained a Buy rating on the stock with a $67.00 price target.

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