Raymond James lowers Webster Financial stock price target to $65 on NIM pressure
NegativeFinancial Markets

Raymond James has lowered its price target for Webster Financial's stock to $65, citing pressure on the bank's net interest margin (NIM). This adjustment reflects concerns about the bank's profitability in a challenging economic environment, which could impact investor confidence and market performance. Understanding these shifts is crucial for stakeholders as they navigate potential risks and opportunities in the financial sector.
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