Marathon Asset Management and Webster Bank Provide Senior Secured Financing for the Acquisition of PK Companies

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Webster Financial (WBS) PT Raised to $62 at RBC Capital

October 18, 2024 7:12 AM EDT

RBC Capital analyst Steven Duong raised the price target on Webster Financial (NYSE: WBS) to $62.00 (from $57.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 3Q results. Core results were solid with better-than-expected NII and margin trends, controlled expenses, and stable... More

Stephens Reiterates Overweight Rating on Webster Financial (WBS)

October 17, 2024 9:25 AM EDT

Stephens analyst Matt Breese reiterated an Overweight rating and $58.00 price target on Webster Financial (NYSE: WBS).

The analyst comments "WBS reported 3Q24 GAAP and operating earnings of $1.11 and $1.35 (were a penny higher than release due to rounding), a penny beat vs.... More