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News For HOPE From the Last 2 Days
Sep 18, 2017 | 07:13 EDT
After Hope announced the termination of its merger with U&I, DA Davidson analyst Gary Tenner is disappointed by the news, as he thought that it would have enabled the bank to "lock up the Korean American banking market" in Seattle. Nonetheless, he says that the company's stock is "on sale" after it fell, and he expects the company's EPS to reach a positive turning point early next year. He keeps a $21 price target and a Buy rating on the shares.
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