TD Cowen Downgrades Webster Financial (WBS) to Sell

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Stephens Downgrades Webster Financial (WBS) to Equal Weight

February 4, 2026 6:34 AM EST

Stephens analyst Matt Breese downgraded Webster Financial (NYSE: WBS) from Overweight to Equal Weight with a price target of $73.00.

The analyst comments "In a surprise move, WBS announced its sale to Santander in a $12.2B deal with a 65/35 cash consideration. Specifically, WBS shareholders... More