Eastern Bankshares (NASDAQ:EBC) is a top financial pure play under $100, with an 8% return in 2025. Analysts predict a $21.33 price target, indicating over 15% upside. Jared Shaw from Barclays gave a Hold rating with a $22 target, citing growth potential and risks due to recent merger deals.
Eastern Bankshares (NASDAQ:EBC) offers retail, commercial, wealth management, and insurance services. Despite potential, some AI stocks may offer better returns. For those interested, a report on undervalued AI stocks is available.
Barclays analyst Jared Shaw sees growth potential in Eastern Bankshares (NASDAQ:EBC) due to strong fundamentals but also highlights risks from recent merger deals. The company remains neutral as structural issues persist.
Read more at Yahoo Finance: Here is Why Eastern Bankshares (EBC) is Favored by Hedge Funds
