Deutsche Bank analyst Brian Bedell lowered the firm’s price target on Northern Trust to $80 from $84 and keeps a Hold rating on the shares post the Q1 results. More pressure on net interest income and fees further reduces the bank’s 2023 earnings outlook, the analyst tells investors in a research note.
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Published first on TheFly
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Read More on NTRS:
- Northern Trust price target lowered to $77 from $87 at RBC Capital
- Northern Trust downgraded to Neutral from Buy at Seaport Research
- Northern Trust price target lowered to $107 from $113 at Barclays
- Northern Trust reports Q1 EPS $1.51, consensus $1.52
- Northern Trust price target lowered to $113 from $118 at Barclays