在合并导致抛售后，霍普·Bancorp在戴维森地方检察官的股价被升级，盈利

D.A. Davidson upgraded Hope Bancorp (NASDAQ:HOPE) stock to Buy from Neutral on Tuesday, as analyst Gary Tenner thinks investors have priced in deal risks and core earnings headwinds after Monday's 9.4% drop.

On Monday, Hope Bancorp (HOPE) agreed to merge with Territorial Bancorp (TBNK) in a stock-for-stock transaction valued at $78.6M. Later in the day, HOPE posted Q1 earnings and revenue that each fell short of Wall Street expectations, amid compression in net interest margin.

Though the deal is expected to be double-digit EPS accretive next year, "we think deal risk exists via the expansion into a historically challenging market for mainland banks, and the purchase of a bank that has not been a significant grower in recent years," Tenner wrote in a note.

"But that risk, along with core earnings headwinds appear to be priced in" after the selloff early this week, he added.

His Buy rating differs from the SA Quant system rating and the average sell-side analyst rating, both at Hold.

In late morning trading, HOPE saw some relief, edging up 1.1%.