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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%.
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El objetivo de precios de M&T Bank aumenta después de fuertes ganancias del Q3, a pesar de las recientes ventas de información privilegiada.