RBC Capital Reiterates Outperform on Webster Finl, Maintains $59 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has reiterated an Outperform rating on Webster Financial Corporation (NYSE:WBS) and maintained a price target of $59.
January 24, 2024 | 4:32 pm
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POSITIVE IMPACT
RBC Capital analyst Jon Arfstrom reaffirmed an Outperform rating on Webster Financial Corporation with a price target of $59.
The reiteration of an Outperform rating by a reputable analyst like Jon Arfstrom from RBC Capital is likely to instill confidence in investors and could positively influence the stock price in the short term. The maintained price target of $59 suggests a potential upside from the current trading price, assuming the stock is trading below this target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100