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Fly News Breaks for February 6, 2018
MTB
Feb 6, 2018 | 07:38 EDT
Wedbush analyst Peter Winter raised his price target for M&T Bank to $186 from $180 after the company announced that it received a non-objection from the Fed to repurchase an additional $745M shares of common stock by June 30, 2018. The analyst notes that the size of the capital plan was bigger than expected and the timing of the announcement was much later than expected. He reiterates a Neutral rating on the shares.
News For MTB From the Last 2 Days
MTB
Apr 16, 2024 | 06:59 EDT
BofA raised the firm's price target on M&T Bank to $160 from $157 and keeps a Buy rating on the shares after the bank reported Q1 EPS that beat the firm's estimate and consensus. The firm revised its FY24 and FY25 EPS estimates to $14.00 and $15.94, respectively, noting that M&T made no material changes to its 2024 outlook other than upping its net interest income guidance given the boost from higher for longer interest rates.
MTB
Apr 16, 2024 | 06:14 EDT
Wells Fargo raised the firm's price target on M&T Bank to $150 from $145 and keeps an Equal Weight rating on the shares. The firm says M&T's Q1 2024 call was fairly positive as the company guided for higher net interest income, CRE portfolio risk appears to be stabilizing, and dry powder for growth and buybacks. Nonetheless, near-term risks are high given its CRE mix that can influence DFAST results.
MTB
Apr 15, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MTB
Apr 15, 2024 | 12:52 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MTB
Apr 15, 2024 | 09:56 EDT
MTB
Apr 15, 2024 | 08:53 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Snap... To see the rest of the story go to thefly.com. See Story Here
