Jefferies Maintains Hold on M&T Bank, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Ken Usdin maintains a Hold rating on M&T Bank (NYSE:MTB) and raises the price target from $160 to $161.

July 03, 2024 | 3:41 pm
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Jefferies analyst Ken Usdin maintains a Hold rating on M&T Bank and raises the price target from $160 to $161.
The Hold rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The slight increase in the price target from $160 to $161 reflects a modestly positive outlook but not enough to warrant a Buy rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100