Truist lowered the firm’s price target on Webster Financial (WBS) to $72 from $74 and keeps a Hold rating on the shares as part of a broader research note previewing Q1 for SMID-cap banks. The firm has increased its net interest income outlook slightly in FY27 to reflect the higher rate environment, the analyst tells investors in a research note.
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Read More on WBS:
- Webster Financial assumed with a Neutral at UBS
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