Information Provided By: 
Fly News Breaks for January 22, 2019
PACW
Jan 22, 2019 | 08:55 EDT
BMO Capital analyst Lana Chan raised her price target on PacWest Bancorp to $38 after its Q4 earnings beat driven by a more favorable tax rate. The analyst notes that the company's 2018 was also supported by the strong loan growth that gives it good momentum to hit mid-single digit rate of increase this year, but warns that net interest margin compression could also pose a challenge. Chan expects PacWest Bancorp to resume its stock buybacks after its cancelled El Dorado acquisition.
News For PACW From the Last 2 Days
There are no results for your query PACW
