The Analyst Landscape: 4 Takes On M&T Bank
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have provided varied opinions on M&T Bank (NYSE:MTB), with recent ratings showing two somewhat bullish and two indifferent stances. The average 12-month price target for MTB has risen to $158.75, a 3.42% increase from the previous target. Analysts from RBC Capital, Barclays, Deutsche Bank, and Morgan Stanley have maintained or raised their ratings and price targets. M&T Bank's financials show a solid revenue growth of 4.16%, an exceptional net margin of 28.43%, and strong ROE and ROA figures, indicating robust financial health and management.
January 19, 2024 | 2:00 pm
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POSITIVE IMPACT
Analysts have mixed opinions on M&T Bank, with recent updates showing a positive trend in price targets, indicating a bullish sentiment. The bank's strong financial performance, including solid revenue growth and high net margin, supports a positive outlook.
The increase in the average price target and the maintenance or raising of ratings by analysts suggest a positive sentiment towards M&T Bank's stock in the short term. The bank's strong financial indicators, such as revenue growth and net margin, further reinforce the potential for stock appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100