On Oct 19, major Wall Street analysts update their ratings for $M&T Bank (MTB.US)$, with price targets ranging from $210 to $228.
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 maintains the target price at $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.
Argus Research analyst Stephen Biggar maintains with a buy rating, and adjusts the target price from $150 to $225.
Furthermore, according to the comprehensive report, the opinions of $M&T Bank (MTB.US)$'s main analysts recently are as follows:
M&T Bank's Q3 earnings outperformed expectations, with net interest income and fees surpassing intra-quarter estimates, while expenses aligned with forecasts and provisions fell short of projections.
The bank's business approach has been characterized as fundamental and steadfast, reflecting the enduring strategy established by its long-standing leadership. The institution is recognized for emphasizing the importance of preventing credit mishaps as a cornerstone for generating lasting shareholder value, which is supported by their commitment to robust underwriting practices.
M&T Bank delivered robust third-quarter results, and the outlook for the fourth quarter appears consistent with the previously issued full-year 2024 guidance and accumulated year-to-date results. While M&T Bank possesses a substantial reserve of cash, credit reserves, and capital, these resources do not necessarily enhance the bank's fundamental earnings capability.
Here are the latest investment ratings and price targets for $M&T Bank (MTB.US)$ from 5 analysts:
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美東時間10月19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210美元至228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，維持目標價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。
阿格斯分析師Stephen Biggar維持買入評級，並將目標價從150美元上調至225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：
M&t銀行的第三季度收入表現優異，淨利息收入和費用超過了季內預期，而費用與預測相符，準備金低於預期。
該銀行的業務模式被描述爲基本和堅定，體現了其歷久彌堅的領導層確立的策略。該機構以強調預防信貸失誤的重要性而著稱，將其作爲產生持久股東價值的基石，這得到了他們致力於強有力覈保實踐的支持。
M&t銀行交出了強勁的第三季度業績，第四季度展望與先前發佈的2024全年指引和截至目前的結果一致。儘管M&t銀行擁有大量現金、信貸準備金和資本，但這些資源並不一定增強該銀行的基本盈利能力。
以下爲今日5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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