Keefe, Bruyette & Woods Maintains Market Perform on M&T Bank, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad maintains a Market Perform rating on M&T Bank (NYSE:MTB) and raises the price target from $170 to $180.

July 19, 2024 | 11:48 am
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Keefe, Bruyette & Woods analyst David Konrad maintains a Market Perform rating on M&T Bank and raises the price target from $170 to $180.
The raised price target from $170 to $180 suggests a positive outlook for M&T Bank, which could lead to a short-term increase in stock price. However, the Market Perform rating indicates that the stock is expected to perform in line with the market, tempering the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100