DA Davidson Raises Price Target for M&T Bank to $235
DA Davidson increased its price target for M&T Bank (MTB) to $235 from $233, maintaining a Neutral rating, following the bank's better-than-expected Q1 results. The firm noted improved credit trends, including a decline in net charge-offs and criticized loans, and expects M&T to continue aggressive share repurchases.
Tickers: $MTB
Topics: analyst upgrade credit trends M&T Bank price target share repurchases