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Fly News Breaks for October 18, 2019
MTB
Oct 18, 2019 | 04:49 EDT
Keefe Bruyette analyst Brian Klock downgraded M&T Bank to Market Perform from Outperform with a price target of $160, down from $168. The shares will be range-bound until its net interest margin headwinds and elevated technology consolidation expenses decline, Klock tells investors in a research note following the bank's Q3 results.
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