Keefe, Bruyette & Woods Maintains Outperform on Webster Finl, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher McGratty has maintained an Outperform rating on Webster Financial Corporation (NYSE:WBS) and increased the price target from $57 to $62.
December 21, 2023 | 2:30 pm
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Webster Financial Corporation's Outperform rating is maintained by Keefe, Bruyette & Woods, with a raised price target from $57 to $62, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals confidence in the company's future performance and can lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100