JP Morgan Maintains Overweight on Webster Finl, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Webster Financial (NYSE:WBS) but lowers the price target from $63 to $58.
June 27, 2024 | 3:07 pm
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NEUTRAL IMPACT
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Webster Financial (NYSE:WBS) but lowers the price target from $63 to $58.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100