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Fly News Breaks for April 10, 2018
MTB
Apr 10, 2018 | 07:36 EDT
As previously reported, UBS analyst Saul Martinez downgraded M&T Bank to Sell from Neutral. The analyst cited valuation as the shares have risen roughly 7% versus flattish performance for its peers and a decline for the S&P. He believes the risk/reward appears unattractive in light of continued growth challenges. Martinez has a $173 price target on M&T Bank shares.
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