M&T Bank (MTB) Target Price Raised Despite Mixed Outlook | MTB Stock News

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6 days ago
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DA Davidson has increased the target price for M&T Bank (MTB, Financial) from $189 to $207. The firm maintains a Neutral rating on the company's shares. This adjustment comes after M&T Bank reported a strong quarter, where core earnings per share surpassed expectations due to higher fees and reduced credit costs. However, the positive news was tempered by the company's lowered net interest income guidance for 2025, attributed to slower than anticipated loan growth.

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