M&T Bank Corp. (MTB:US) gained 3.5 percent to $63.56 and earlier added 3.9 percent, the most intraday since Oct. 22. The company, whose second-largest shareholder is Warren Buffett’s Berkshire Hathaway Inc., was raised to “buy” from “neutral” at SunTrust Robinson. The 12-month target price is $85 a share.
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