Barclays Maintains Equal-Weight on M&T Bank, Raises Price Target to $228
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg maintains an Equal-Weight rating on M&T Bank (NYSE:MTB) and raises the price target from $170 to $228.
October 18, 2024 | 2:47 pm
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Barclays has maintained its Equal-Weight rating on M&T Bank but increased the price target significantly from $170 to $228, indicating a more optimistic outlook.
The increase in the price target from $170 to $228 by Barclays suggests a more positive outlook on M&T Bank's future performance, which could lead to a short-term increase in stock price as investors react to the new target.
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