On Oct 17, major Wall Street analysts update their ratings for $State Street (STT.US)$, with price targets ranging from $94 to $108.
Morgan Stanley analyst Betsy Graseck maintains with a hold rating, and maintains the target price at $102.
Goldman Sachs analyst Alexander Blostein maintains with a buy rating, and adjusts the target price from $100 to $106.
Barclays analyst Jason Goldberg maintains with a buy rating, and maintains the target price at $108.
Evercore analyst Glenn Schorr maintains with a buy rating, and adjusts the target price from $91 to $94.
KBW analyst David Konrad maintains with a hold rating, and adjusts the target price from $97 to $105.
Furthermore, according to the comprehensive report, the opinions of $State Street (STT.US)$'s main analysts recently are as follows:
Following State Street's Q3 report, it's noted that the company's earnings exceeded expectations with fees and net interest income surpassing forecasts. However, it was also observed that expenses were slightly above projections, while provisions met the anticipated figures.
State Street demonstrated enhanced core servicing growth this quarter, although this was accompanied by a rise in expense growth. This marks a positive shift compared to the performance seen over the past two years. With guidance adjusted upwards, estimates have also been increased.
Here are the latest investment ratings and price targets for $State Street (STT.US)$ from 6 analysts:
Note:
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