Morgan Stanley Maintains Overweight on M&T Bank, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Overweight rating on M&T Bank (NYSE:MTB) and raises the price target from $155 to $157.
September 27, 2023 | 1:15 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on M&T Bank and raises the price target from $155 to $157. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for M&T Bank. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100