Cathay General: Earnings Outlook Remains Upbeat; Upgrading To Buy (NASDAQ:CATY)
I adopted a hold rating on Cathay General Bancorp (NASDAQ: CATY ) in my last report that I wrote in January 2025. As expected, the stock price hasn’t changed much since then. However, the company’s earnings have beatenAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other t ...