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Stock impact report

Here is Why Eastern Bankshares (EBC) is Favored by Hedge Funds [Yahoo! Finance]

Eastern Bankshares, Inc. (EBC) 
Company Research Source: Yahoo! Finance
Eastern Bankshares (NASDAQ:EBC) has returned almost 8% so far in 2025, and the consensus 1-year median price target is $21.33, implying more than 15% upside as of the December 30 close. The stock has been assigned three analyst ratings, of which two analysts gave Buy calls, and 1 was a Hold call. Africa Studio/Shutterstock.com Jared Shaw from Barclays initiated his coverage on Eastern Bankshares (NASDAQ:EBC) on December 19. The analyst issued a Hold rating with a $22 price target. Despite his neutral stance, Shaw has estimated an almost 19% upside for the stock. Shaw discussed several fundamental factors that provide “optionality” for the company. These include their elevated capital levels, strong deposit base, and their commercial platform. However, the analyst also pointed out some evident headwinds that expose them to a higher level of risk compared to peers. First is the bank's meager market growth. Second relates to the integration of two merger deals finalized in the las Show less Read more
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