MarketBeat Analyst action
OP Bancorp (NASDAQ:OPBK) Lowered to "Hold" Rating by Wall Street Zen
Wall Street Zen downgraded OP Bancorp (NASDAQ:OPBK) from "Buy" to "Hold," although the overall analyst consensus remains "Buy" with a $17.75 price target. The company reported strong quarterly earnings of $0.53 per share and revenue of $25.72 million, both exceeding expectations. Institutional investors hold 53.63% of the stock, with several firms establishing new positions in the second quarter.