JMP Securities analyst Christopher York lowered his price target on PacWest Bancorp shares to $44 from $59 after the bank announced the termination of the deal to acquire El Dorado Savings Bank as it did not receive approval by El Dorado shareholders. The fact that PacWest did not look to adjust the terms of the deal, either before or after the vote, indicates in his view that the company is a disciplined acquirer and is unlikely to revisit a merger with closely-held El Dorado in the future, York stated. He maintains an Outperform rating on PacWest shares.