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銀行第三季度收益超出預期，淨利息收入和費用超過季度內預期，而開支與預測一致，準備金低於預期。
該銀行的業務方針被描述爲基本和堅定，反映了由其長期領導確立的持久策略。該機構以強調防止信用錯誤的重要性而聞名，這是產生持久股東價值的基石，得到了他們對強有力承銷實踐的承諾的支持。
M&t銀行交出了強勁的第三季度業績，第四季度的前景與之前發佈的2024年全年指引和截至目前的年度業績一致。雖然M&t銀行擁有大量的現金、信用儲備和資本，但這些資源並不一定增強銀行的基本收益能力。
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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