DA Davidson Maintains Neutral on M&T Bank, Lowers Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Winter has maintained a Neutral rating on M&T Bank (NYSE:MTB) and reduced the price target from $163 to $159.

January 19, 2024 | 7:24 pm
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DA Davidson analyst Peter Winter maintains a Neutral rating on M&T Bank and lowers the price target from $163 to $159.
The adjustment in price target by DA Davidson reflects a slightly more conservative valuation of M&T Bank, but since the rating remains Neutral, the short-term impact on the stock price is likely to be minimal. Investors may have already priced in the analyst's expectations.
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IMPORTANCE 75
RELEVANCE 100