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Enter Symbol:
Rating: MTB
Neutral $135

M&t Bank Corporation (NYSE: MTB) reiterated to Neutral with price target $135 by UBS

Friday,  Jul 17, 2015  12:25 PM ET by Lynn Gilbert

UBS reiterated M&t Bank Corporation (NYSE: MTB) to Neutral with price target $135. Previously, UBS rated M&t Bank
Corporation (NYSE: MTB) to Neutral with price target $130 on 03/03/2015, when the stock price was valued at $122.55. Since then, M&t Bank Corporation's stock price has gained 6% as of 07/17/2015's recent price of $130.26.

M&T Bank Corporation (M&T) is a bank holding company. As of December 31, 2008, the Company had two wholly owned bank subsidiaries: M&T Bank and M&T Bank, National Association (M&T Bank, N.A.). The Banks offer a range of commercial banking, trust and investment services to its customers. M&T Bank operates branch offices in New York, Maryland, Pennsylvania, Delaware, New Jersey, Virginia, West Virginia and the District of Columbia. M&T operates in six segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. Effective November 1, 2008, M&T Investment Company of Delaware, Inc., previously a wholly owned subsidiary of M&T Bank, was merged into M&T Bank. On May 23, 2009, M&T announced that it has completed its acquisition of Provident Bankshares Corp. and the merger of Provident Bankshares Corp.'s banking subsidiary, Provident Bank, into M&T Bank.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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