Beyond The Numbers: 7 Analysts Discuss M&T Bank Stock
Portfolio Pulse from Benzinga Insights
7 analysts have provided mixed opinions on M&T Bank (NYSE:MTB) over the past quarter, with most ratings being indifferent. The average 12-month price target has increased by 3.82% to $166.71. Key analysts have raised their price targets, reflecting a cautiously optimistic outlook despite recent revenue and profitability challenges.
July 19, 2024 | 12:00 pm
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Analysts have mixed views on M&T Bank (NYSE:MTB) with most ratings being indifferent. The average 12-month price target has increased by 3.82% to $166.71, with key analysts raising their targets. Despite this, the bank faces challenges in revenue growth, profitability, and debt management.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on MTB's stock price. While some analysts have raised their targets, the bank's recent financial challenges in revenue growth, profitability, and debt management temper the overall outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100