RBC Capital Maintains Outperform on Webster Finl, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains an Outperform rating on Webster Financial (NYSE:WBS) and raises the price target from $57 to $62.
October 18, 2024 | 1:47 pm
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RBC Capital has increased its price target for Webster Financial from $57 to $62 while maintaining an Outperform rating, indicating positive expectations for the stock.
The increase in price target from $57 to $62 by RBC Capital suggests a positive outlook for Webster Financial. Maintaining an Outperform rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100