Morgan Stanley Reiterates Overweight on Webster Finl, Maintains $43 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has reiterated an Overweight rating on Webster Financial (NYSE:WBS) and maintained a price target of $43.
July 25, 2023 | 1:01 pm
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Morgan Stanley has reiterated an Overweight rating on Webster Financial and maintained a price target of $43.
The Overweight rating from Morgan Stanley indicates a positive outlook for Webster Financial. The maintained price target of $43 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100