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PacWest Bancorp (NASDAQ:PACW) has been upgraded to Buy in a statement by ValuEngine earlier today.

Yesterday PacWest Bancorp (NASDAQ:PACW) traded -0.61% lower at $46.64. The company’s 50-day moving average is $47.34 and its 200-day moving average is $50.62. The last stock close price is down -10.52% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 661,090 shares of the stock were exchanged, down from an avg. volume of 841,555

ValuEngine has upgraded PacWest Bancorp (NASDAQ:PACW) to Buy in a statement released on 07/06/2017.

On 06/27/2017, Wedbush released a statement on PacWest Bancorp (NASDAQ:PACW) increased the target price from $0.00 to $49.00. At the time, this indicated a possible upside of 0.06%.

Performance Chart

PacWest Bancorp (NASDAQ:PACW)

With a total market value of $0, PacWest Bancorp has PE ratio of 15.64 with a 52 week low of $40.60 and a 52 week high of $57.53 .

In addition to ValuEngine reporting its stock price target, a total of 9 analysts have released a report on PacWest Bancorp. The 12-month price target is $43.56 with zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For PacWest Bancorp (NASDAQ:PACW)

PacWest Bancorp is a bank holding company for Pacific Western Bank (the Bank). The Company is focused on relationship-based business banking to small, middle-market and venture-backed businesses. As of December 31, 2016, the Bank offered a range of loan and deposit products and services through 77 branches located throughout the state of California, one branch located in Durham, North Carolina, and several loan production offices located in cities across the country. The Company provides commercial banking services, and deposit and treasury management services to small and middle-market businesses. It offers products and services through its CapitalSource and Square 1 Bank divisions. In addition, the Company provides investment advisory and asset management services to select clients through Square 1 Asset Management, Inc., a subsidiary of the Bank.

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