Top Wall Street Forecasters Revamp M&T Bank Expectations Ahead Of Q3 Earnings - M&T Bank (NYSE:MTB)

Core Viewpoint - M&T Bank Corporation is set to release its third-quarter earnings results on October 16, with expectations of increased earnings and revenue compared to the previous year [1] Earnings Expectations - Analysts predict M&T Bank will report earnings of $4.39 per share for the third quarter, an increase from $4.03 per share in the same period last year [1] - The projected quarterly revenue is $2.44 billion, up from $2.33 billion a year earlier [1] Recent Stock Performance - M&T Bank's shares fell by 1.1%, closing at $185.03 on Wednesday [2] Analyst Ratings and Price Targets - UBS analyst Eriks Najarian maintained a Neutral rating and raised the price target from $207 to $208 [4] - Piper Sandler analyst Scott Siefers initiated coverage with an Overweight rating and a price target of $225 [4] - Evercore ISI Group analyst John Pancari maintained an Outperform rating and increased the price target from $222 to $225 [4] - Morgan Stanley analyst Manan Gosalia downgraded the stock from Overweight to Equal-Weight but raised the price target from $236 to $251 [4] - Jefferies analyst David Chiaverini maintained a Buy rating and increased the price target from $220 to $240 [4]