Stephens initiated coverage of First Hawaiian (FHB) with an Equal Weight rating and $30 price target While the firm sees “several positive attributes” that are “compelling,” it also sees modest net interest margin headwinds over the next several quarters from asset sensitivity and views the current valuation as “fair,” the analyst tells investors.
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Read More on FHB:
- First Hawaiian price target raised to $21 from $20 at Wells Fargo
- First Hawaiian reports Q3 EPS 48c, consensus 44c
- Is FHB a Buy, Before Earnings?
- First Hawaiian Appoints Tertia Freas to Board
- First Hawaiian price target lowered to $23 from $24 at JPMorgan
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
