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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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