Barclays Maintains Equal-Weight on M&T Bank, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Equal-Weight rating on M&T Bank (NYSE:MTB) and increased the price target from $150 to $170.
January 02, 2024 | 11:53 am
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on M&T Bank and raised the price target from $150 to $170, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive sentiment towards M&T Bank's stock, suggesting that the bank may perform well in the near term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100