RBC Capital Maintains Outperform on M&T Bank, Raises Price Target to $208
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy maintains an Outperform rating on M&T Bank and raises the price target from $190 to $208.
October 18, 2024 | 1:37 pm
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RBC Capital has increased the price target for M&T Bank from $190 to $208 while maintaining an Outperform rating, indicating positive expectations for the stock.
The increase in price target from $190 to $208 by RBC Capital suggests a positive outlook for M&T Bank's stock. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100