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BenzingaDA Davidson analyst Jake Civiello initiated coverage on Eastern Bankshares Inc with a Buy rating and a $24 price target. The bank's shares closed at $19.44 on Thursday. The move was part of four analyst initiations covered in a Benzinga report published Friday.
Substrate placeholder — needs reviewShares of the largest Wall Street banks have recorded their worst start to a year since the 2023 regional banking crisis. This downturn coincides with ongoing conflict in the Middle East and concerns over private credit markets. The performance reflects broader market pressures a…