M&T Bank price target raised to $235 from $233 at DA Davidson

2 weeks ago 17

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Fri, April 17, 2026 astatine 9:18 AM CDT 1 min read

DA Davidson raised the firm’s price target connected M&T Bank to $235 from $233 and keeps a Neutral standing connected the shares aft its amended than expected Q1 results. Given the betterment successful recognition trends, M&T lowered its CET1 people to a scope of 10.0%-10.5%from 10.25%-10.5% vs. 10.33% successful Q1, and thus, the steadfast expects the slope volition stay assertive with stock repurchases arsenic a partial offset to nett involvement income, the expert tells investors successful a probe note. Credit continues to beryllium a agleam spot for M&T, reflecting a important diminution successful nett charge-offs and continued diminution successful criticized loans, the steadfast added.

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