On Oct 18, major Wall Street analysts update their ratings for $M&T Bank (MTB.US)$, with price targets ranging from $208 to $240.
Morgan Stanley analyst Manan Gosalia maintains with a buy rating, and maintains the target price at $220.
BofA Securities analyst Ebrahim Poonawala maintains with a buy rating, and adjusts the target price from $188 to $218.
Barclays analyst Jason Goldberg maintains with a hold rating, and adjusts the target price from $170 to $228.
Evercore analyst John Pancari maintains with a buy rating, and maintains the target price at $210.
RBC Capital analyst Gerard Cassidy maintains with a buy rating, and adjusts the target price from $190 to $208.
Furthermore, according to the comprehensive report, the opinions of $M&T Bank (MTB.US)$'s main analysts recently are as follows:
The bank's third-quarter earnings surpassed expectations with net interest income and fees outperforming the guidance provided earlier in the quarter. Concurrently, expenditures matched projections, and the provisions were notably lower than anticipated.
The bank's business approach has been characterized as fundamental and reliable, a legacy attributed to its long-standing leadership. Management's emphasis on evading credit pitfalls is acknowledged as a central component in fostering lasting shareholder value, achieved through stringent adherence to solid underwriting criteria.
M&T Bank delivered solid results for the third quarter, with projections for the fourth quarter consistent with previous full year 2024 guidance and performance to date. The company possesses substantial liquidity, credit reserves, and capital, yet these factors do not enhance the core earnings potential.
Here are the latest investment ratings and price targets for $M&T Bank (MTB.US)$ from 6 analysts:
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美東時間10月18日，多家華爾街大行更新了$美國制商銀行 (MTB.US)$的評級，目標價介於208美元至240美元。
摩根士丹利分析師Manan Gosalia維持買入評級，維持目標價220美元。
美銀證券分析師Ebrahim Poonawala維持買入評級，並將目標價從188美元上調至218美元。
巴克萊銀行分析師Jason Goldberg維持持有評級，並將目標價從170美元上調至228美元。
Evercore分析師John Pancari維持買入評級，維持目標價210美元。
加皇資本市場分析師Gerard Cassidy維持買入評級，並將目標價從190美元上調至208美元。
此外，綜合報道，$美國制商銀行 (MTB.US)$近期主要分析師觀點如下：
銀行第三季度收益超出預期，淨利息收入和費用表現優於季初提供的指導。與此同時，支出與預期相匹配，而備付金明顯低於預期。
該銀行的業務方式被描述爲基本且可靠，這一傳統歸功於其長期的領導力。管理層對規避信貸陷阱的強調被認爲是促進持久股東價值的核心組成部分，通過嚴格遵守穩健的承保標準來實現。
M&t銀行第三季度取得了穩健的業績，第四季度的預測與之前全年2024年的指導一致，並且至今的表現也符合預期。該公司擁有充足的流動性、信貸儲備和資本，然而這些因素並未增強核心盈利潛力。
以下爲今日6位分析師對$美國制商銀行 (MTB.US)$的最新投資評級及目標價：
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