Morgan Stanley Reiterates Overweight on M&T Bank, Maintains $155 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has reiterated an 'Overweight' rating on M&T Bank (NYSE:MTB) and maintained a price target of $155.
July 07, 2023 | 3:55 pm
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Morgan Stanley has reiterated an 'Overweight' rating on M&T Bank and maintained a price target of $155.
The reiteration of an 'Overweight' rating by Morgan Stanley indicates a positive outlook for M&T Bank. The maintained price target of $155 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100