Cantor Fitzgerald initiated coverage of Webster Financial (WBS) with an Overweight rating and $70 price target The firm rolled out coverage on 16 U.S. banks with a constructive view. Cantor’s top pick is Citizens Financial.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBS:
- Seaport downgrades Webster Financial on valuation, Mamdani risk
- Webster Financial downgraded to Neutral from Buy at Seaport Research
- Synovus downgraded to Equal Weight from Overweight at Wells Fargo
- Webster Financial Announces Executive Resignation
- Webster Financial price target raised to $68 from $65 at Raymond James