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M & T Bank (MTB) Q2 2021 Earnings Call Transcript


Operator
Good day, and thank you for standing by. Welcome to the M&T Bank second quarter 2021 earnings conference call. [Operator instructions] Please be advised that today s conference is being recorded. [Operator instructions] I would now like to hand the conference over to Don MacLeod.
Thank you. Please go ahead.
Don MacLeod
Vice President and Director of Investor Relations
Thank you, Erica, and good morning. I d like to thank everyone for participating in M&T s second quarter of 2021 earnings conference call, both by telephone and through the webcast. If you have not read the earnings release we issued this morning, you may access it along with the financial tables and schedules from our website, www.mtb.com, and by clicking on the Investor Relations link and then on the Events and Presentations link. Also before we start, I d like to mention that today s presentation may contain forward-looking information. ....

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Wall Street Roundup: Bullish & Bearish Calls Of The Day


Priti Ramgarhia-
April 20, 2021, 10:35 AM EDT
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The volatility in the market remains elevated as the pace of economic recovery remains uncertain. Amid the uncertainty, TipRanks brings you the latest analyst action on some of your favorite stocks to help you navigate the volatility with ease. Let’s look into the top bullish and bearish calls of the day and see what top analysts are recommending.
Upgrades
Wells Fargo analyst Timur Braziler upgraded Western Alliance (
WAL) to Buy from Hold and increased the price target to $120 from $100. Following management’s guidance during the 1Q conference call, Braziler decided to “no longer sit on the sidelines” and wait for a better entry point. According to the analyst, despite the uncertain operating environment, Western Alliance has exhibited its ability to outperform its industry peers. Furthermore, given the current 3x TBV valuation, though the upside has been ....

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