Odeon Capital Upgrades M&T Bank (MTB) to Buy

Odeon Capital analyst Dick Bove upgraded M&T Bank (NYSE: MTB) from Hold to Buy.

• The bank is initiating a new strategy to bolster near term earnings.
• Other banks that have pursued similar strategies did succeed in increasing earnings for a short period and than they were sold.

For an analyst ratings summary and ratings history on M&T Bank click here. For more ratings news on M&T Bank click here.

Shares of M&T Bank closed at $170.37 yesterday.

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