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Stock Market & Financial Investment News

News Breaks
February 19, 2014
06:12 EDTMTBM&T Bank upgraded to Buy from Neutral at SunTrust
SunTrust now believes M&T Bank's (MTB) acquisition of Hudson City Bancorp (HCBK) is likely to close in late 2014 and raised estimates to reflect the benefits of the acquisition. As a result, the firm upgraded shares and raised its price target to $130 from $115.
News For MTB From The Last 14 Days
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June 24, 2015
06:37 EDTMTBDeutsche downgrades Citi, Goldman after share rallies
Deutsche Bank analyst Matt O'Connor recommends using the strong share performance of both Citi (C) and Goldman Sachs (GS) as on opportunity to take profits. The analyst this morning downgraded shares of both investment banks to Hold from Buy. Citi is up 21% from the lows on January 30 while Goldman is up 30% since July 1, 2014, the analyst points out. On Citi, O'Connor sees less near term upside with fixed income trading entering a seasonally weak period and core cost reductions largely over. On Goldman, the analyst sees a lack of catalysts to drive the stock meaningfully higher in the near term. His top picks among U.S. Banks are Bank of America (BAC), JPMorgan (JPM), M&T Bank (MTB) and SunTrust (STI).
June 23, 2015
10:00 EDTMTBOn The Fly: Analyst Upgrade Summary
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05:46 EDTMTBM&T Bank upgraded to Market Perform from Underperform at Wells Fargo
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