Evercore ISI Group Upgrades M&T Bank to Outperform, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded M&T Bank (NYSE:MTB) from In-Line to Outperform, raising the price target from $187 to $210.
October 02, 2024 | 11:47 am
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Evercore ISI Group has upgraded M&T Bank from In-Line to Outperform, with a new price target of $210, indicating a positive outlook.
The upgrade from In-Line to Outperform by a reputable analyst group like Evercore ISI suggests increased investor confidence in M&T Bank's future performance. The raised price target to $210 indicates expectations of stock price appreciation, likely leading to positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100