Keefe Bruyette & Woods Downgrades Cathay General Bancorp To Market Perform

Analysts at Keefe Bruyette & Woods downgraded

from Outperform to Market Perform. The price target for Cathay General Bancorp has been raised from $28.00 to $30.00. Cathay General Bancorp shares have gained 20.41 percent over the past 52 weeks, while the S&P 500 index has surged 13.28 percent in the same period. Cathay General Bancorp shares fell 0.83 percent to close at $28.73 on Friday.