M&T Bank price target raised to $236 from $233 at Truist

Truist raised the firm’s price target on M&T Bank to $236 from $233 and keeps a Buy rating on the shares. The company reported a mixed but modestly positive Q4 earnings print and 2025 outlook, with key drivers of the firm’s higher estimates being driven by stronger net interest income growth and net interest margin expansion, the analyst tells investors in a research note.