Evercore ISI Group Maintains Outperform on M&T Bank, Raises Price Target to $232
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an Outperform rating on M&T Bank and raised its price target from $210 to $232, indicating a positive outlook for the bank's stock.
October 30, 2024 | 3:01 pm
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Evercore ISI Group has maintained an Outperform rating on M&T Bank and increased the price target from $210 to $232, suggesting a positive short-term outlook for the stock.
The increase in the price target from $210 to $232 by Evercore ISI Group reflects a positive sentiment towards M&T Bank's future performance. The Outperform rating suggests that the stock is expected to perform better than the market average, which is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100