These Analysts Revise Their Forecasts On Webster Financial After Q4 Results
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Webster Financial Corp (NYSE:WBS) reported mixed Q4 results, with earnings of $1.59 per share beating estimates but sales of $632.853 million missing expectations. CEO John R. Ciulla highlighted the company's strong fundamentals. Following the earnings announcement, analysts revised their price targets: Keefe, Bruyette & Woods raised theirs from $75 to $77, Citigroup lowered theirs from $77 to $75, Truist Securities increased theirs from $72 to $73, and TD Cowen raised theirs from $77 to $79. Webster shares fell 0.3% to $63.83.
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