Webster Financial Drops 0.59% as Analysts Cut Price Targets

On April 8, 2025, Webster Financial's stock price rose by 0.59% in pre-market trading, indicating a positive start to the day's trading session.

Morgan Stanley has reduced its price target for Webster Financial from $66 to $50, maintaining an Equal Weight rating. The firm's decision is based on the expectation that higher and faster-than-anticipated tariffs will increase recession risks, negatively impacting loan growth and future earnings. Despite the stock being considered "cheap," the analyst notes that prolonged weak loan growth and an inverted yield curve limit potential upside catalysts.

Raymond James has also adjusted its price target for Webster Financial, lowering it from $65 to $58 while keeping an Outperform rating. This adjustment reflects the firm's ongoing assessment of the company's performance and market conditions.