Webster Financial Corporation (NYSE: WBS) is among the 10 Best Financial Stocks on Wall Street’s Radar. Jefferies raised its price target for WBS from $70 to $72 with a “Buy” rating following the company’s Q2 2205 earnings report. Core EPS of $1.52 exceeded estimates.

Webster Financial Corporation’s core pre-provision net revenue for the quarter hit $370 million, surpassing Jefferies’ forecast. The company raised its net interest income guidance and reported improved credit quality, maintaining a stable credit outlook. Changes in federal law may expand the market for their HSA Bank business.

Webster Financial Corporation is a bank holding company for Webster Bank, offering diverse financial products. Jefferies sees potential in WBS but suggests AI stocks may offer greater upside and less risk. For an undervalued AI stock benefiting from Trump-era tariffs, check out Jefferies’ report.

Read more at Yahoo Finance: Jefferies Keeps Buy Rating on Webster Financial (WBS), Raises Price Target