Odeon Capital Downgrades M&T Bank to Hold, Announces $133.65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Odeon Capital analyst Dick Bove has downgraded M&T Bank (NYSE:MTB) from Buy to Hold and set a price target of $133.65.

September 29, 2023 | 2:11 pm
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M&T Bank has been downgraded from Buy to Hold by Odeon Capital, with a new price target of $133.65.
The downgrade from Buy to Hold suggests that the analyst believes the stock may not have much upside potential in the near term. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100