Companies in the Financial sector have received a lot of coverage today as analysts weigh in on State Street (STT – Research Report) and Svb Financial Group (SIVB – Research Report).
State Street (STT)
In a report issued on January 20, Gerard Cassidy from RBC Capital maintained a Hold rating on State Street, with a price target of $85.00. The company’s shares closed last Monday at $86.22.
According to TipRanks.com, Cassidy is a top 25 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for State Street with a $90.67 average price target, representing a 7.5% upside. In a report issued on January 12, Bank of America Securities also initiated coverage with a Hold rating on the stock with a $86.00 price target.
See today’s best-performing stocks on TipRanks >>
Svb Financial Group (SIVB)
RBC Capital analyst Jon Arfstrom maintained a Buy rating on Svb Financial Group on January 19 and set a price target of $300.00. The company’s shares closed last Monday at $298.69.
According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of
Currently, the analyst consensus on Svb Financial Group is a Moderate Buy with an average price target of $294.38, implying a -0.1% downside from current levels. In a report issued on January 20, Wells Fargo also maintained a Buy rating on the stock with a $300.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on STT: