DA Davidson Maintains Neutral on M&T Bank, Maintains $159 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Winter maintains a Neutral rating on M&T Bank (MTB) and keeps the price target at $159.
April 16, 2024 | 3:00 pm
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NEUTRAL IMPACT
DA Davidson reaffirms a Neutral rating on M&T Bank with a $159 price target.
The reaffirmation of a Neutral rating and a steady price target suggests that DA Davidson sees no immediate catalysts that would significantly change the stock's valuation in the short term. This outlook could lead to a stable but unremarkable performance for MTB's stock in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100