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M&T Bank Corporation Surges to 401st in Daily Rankings with $35.5 Million Turnover Despite 9.10% Stock Price Decline
Generated by AI AgentAinvest Market Brief
Thursday, Apr 3, 2025 8:35 pm ET1min read
On April 3, 2025,
Corporation (MTB) saw a significant increase in trading volume, with a turnover of $35.5 million, marking a 141.55% rise from the previous day. This surge placed at the 401st position in the daily stock market rankings. However, despite the high trading volume, the stock price of MTB experienced a decline of 9.10%.Analysts have been closely monitoring M&T Bank's performance, with the bank receiving an average rating of overweight and a mean price target of $212.03. This positive outlook is supported by the bank's recent financial performance, which saw quarterly earnings of $4.08 per share, surpassing the analyst consensus estimate of $3.64 per share. This strong earnings report has led analysts to boost their forecasts for the bank, further solidifying its position in the market.
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