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.
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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