Regional Pacific Banks: Zions Bancorporation (NASDAQ:ZION), PacWest Bancorp (NASDAQ:PACW), Wal-Mart Stores (NYSE:WMT), Cathay General Bancorp (NASDAQ:CATY)

DA Davidson increased their price objective on shares of Zions Bancorporation (NASDAQ:ZION) from $34.00 to $36.00 in a research note issued on Tuesday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. DA Davidson’s target price indicates a potential upside of 16.50% from the company’s current price.Zions Bancorporation (NASDAQ:ZION) stock opened at $30.86 in last session, and closed at $31.20, while the day range of ZION stock is $30.54-$31.41.The stock showed a positive weekly performance of 4.31%.

Equities research analysts at Keefe, Bruyette & Woods upped their target price on shares of PacWest Bancorp (NASDAQ:PACW) from $46.00 to $49.00 in a research note issued to investors on Thursday, Stock Ratings News reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 22.16% from the stock’s previous close. PacWest Bancorp (NASDAQ:PACW) stock opened at $42.73, in last session and closed at $43.40, by gained 1.83%.The 52 week range was $25.81-$43.97.Company’s market capitalization is $1.92 billion.

UBS AG downgraded shares of Wal-Mart Stores, Inc. (NYSE:WMT) to a buy rating in a report issued on Wednesday, ARN reports. They currently have $86.00 target price on the stock, down from their previous target price of $87.00. Wal-Mart Stores, Inc. (NYSE:WMT) stock gained 0.19% and finished the last session at $74.70.The EPS of the stock remained 4.85.Company’s market capitalization is $242.18 billion.

Cathay General Bancorp (NASDAQ:CATY) declared a quarterly dividend on Friday, February 21st, AR Network reports. Investors of record on Monday, March 3rd will be given a dividend of 0.05 per share on Thursday, March 13th. This represents a $0.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, February 27th. Cathay General Bancorp (NASDAQ:CATY) stock opened the session at $25.35, and closed the session at $25.41.The 52 week range of the CATY stock remained $17.87-$27.94 and the day range was $25.14-$25.73.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *