Posted at 11:50 a.m., Tuesday, December 11, 2007
Bankoh shares fall on market decline, downgrade
Advertiser Staff
Shares of Bank of Hawaii Corp. fell 6.2 percent in trading today, tracing a decline by the broader market and a downgrade by a financial analyst.The company's shares fell $3.32 to end trading at $50.13.
The owner of Hawai'i's No. 2 bank was downgraded to ``market perform'' from ``outperform'' by analyst
Frederick Cannon at Keefe, Bruyette & Woods, according to Bloomberg News.
Cannon's price target is $56.00 per share.
