Bank of Hawaii price target raised to $79 from $75 at DA Davidson

DA Davidson analyst Jeff Rulis raised the firm’s price target on Bank of Hawaii (BOH) to $79 from $75 and keeps a Neutral rating on the shares after its Q4 earnings beat. The bank has momentum building on loan growth and net interest margins while keeping expenses and credit quality in check, the analyst tells investors in a research note. The firm adds that the bank’s credit “remains pristine”.