RBC Capital Reiterates Outperform on M&T Bank, Maintains $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has reiterated an Outperform rating on M&T Bank (NYSE:MTB) and maintained a price target of $160.
January 19, 2024 | 1:55 pm
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RBC Capital analyst Gerard Cassidy reaffirmed an Outperform rating on M&T Bank with a price target of $160.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a positive outlook on M&T Bank's stock, which could lead to increased investor confidence and potential upward movement in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100