Category: Markets
Published: 2026-06-20T05:38:22.000Z
Wall Street Zen has upgraded M&T Bank (NYSE:MTB) from a "sell" to a "hold" rating, though the overall analyst consensus remains "hold" with an average price target of $235.32. The bank recently reported strong quarterly earnings, surpassing estimates with $4.18 EPS and $2.44 billion in revenue, and announced a $5 billion share buyback program. Despite mixed analyst ratings, the company's financial performance and buyback initiative suggest potential undervaluation.
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