Where M&T Bank Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 15 analysts have shared their insights on M&T Bank (NYSE:MTB), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $177.8, with a high estimate of $220.00 and a low estimate of $160.00. Recent analyst actions include both upgrades and downgrades, reflecting mixed sentiments. Financial performance shows challenges with a decline in revenue growth and lower net margins, but a strong return on assets.
August 15, 2024 | 5:01 pm
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Analysts have mixed views on M&T Bank (NYSE:MTB) with recent upgrades and downgrades. The average 12-month price target has increased to $177.8. Financial performance shows challenges with a decline in revenue growth and lower net margins, but a strong return on assets.
The mixed analyst ratings and recent changes in price targets indicate uncertainty about M&T Bank's short-term performance. The increase in the average price target suggests some optimism, but the financial challenges such as declining revenue and lower net margins balance this out, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100