Barclays Maintains Overweight on Webster Finl, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on Webster Financial (NYSE:WBS) and raises the price target from $60 to $63.
October 18, 2024 | 2:59 pm
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Barclays analyst Jared Shaw has maintained an Overweight rating on Webster Financial and increased the price target from $60 to $63, indicating a positive outlook.
The increase in the price target from $60 to $63 by Barclays suggests a positive outlook for Webster Financial. The Overweight rating indicates that the analyst expects the stock to outperform its peers, which could lead to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100