Morgan Stanley Maintains Overweight on Webster Finl, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Overweight rating on Webster Financial (NYSE:WBS) and raises the price target from $43 to $49.
September 27, 2023 | 1:30 pm
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Morgan Stanley maintains an Overweight rating on Webster Financial and raises the price target from $43 to $49.
The news is directly related to Webster Financial. The Overweight rating maintained by Morgan Stanley and the increase in price target from $43 to $49 indicates a positive outlook for the company. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100