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Analysts’ Top Financial Picks: M&T Bank (MTB), Futu Holdings (FUTU)

Tipranks - Sat Mar 28, 6:25AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on M&T Bank (MTB), Futu Holdings (FUTU) and BGC Group (BGC) with bullish sentiments.

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M&T Bank (MTB)

In a report released today, Scott Siefers from Piper Sandler reiterated a Buy rating on M&T Bank, with a price target of $235.00. The company’s shares closed last Thursday at $205.73.

According to TipRanks.com, Siefers is a 5-star analyst with an average return of 11.8% and a 60.7% success rate. Siefers covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, Huntington Bancshares, and Associated Banc-Corp. ;'>

Currently, the analyst consensus on M&T Bank is a Moderate Buy with an average price target of $235.72, a 15.9% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $220.00 price target.

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Futu Holdings (FUTU)

Morgan Stanley analyst Chiyao Huang maintained a Buy rating on Futu Holdings today and set a price target of $225.00. The company’s shares closed last Thursday at $136.34.

Huang has an average return of 8.5% when recommending Futu Holdings. ;'>

According to TipRanks.com, Huang is ranked #4416 out of 12128 analysts.

Futu Holdings has an analyst consensus of Strong Buy, with a price target consensus of $210.24, representing a 53.4% upside. In a report issued on March 12, Goldman Sachs also maintained a Buy rating on the stock with a $205.00 price target.

BGC Group (BGC)

Piper Sandler analyst Patrick Moley maintained a Buy rating on BGC Group today and set a price target of $14.00. The company’s shares closed last Thursday at $9.46.

According to TipRanks.com, Moley is a 5-star analyst with an average return of 29.3% and a 69.1% success rate. Moley covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Miami International Holdings, Inc., and Chime Financial, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BGC Group with a $14.00 average price target, a 48.8% upside from current levels. In a report released today, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $10.50 price target.

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