M&T Bank's price target rises after strong Q3 earnings, despite recent insider sales.

M&T Bank (NYSE:MTB) has seen its price target raised by several analysts, with Piper Sandler setting a new target of $243.00. The bank reported a strong Q3 earnings of $4.08 per share, exceeding forecasts. Despite a positive outlook, insiders have sold significant shares recently. M&T Bank also announced a quarterly dividend of $1.35 per share, due on December 31. The company's market cap is $36.5 billion, with a dividend yield of 2.45%.

November 30, 2024
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