Northern Trust price target lowered to $94 from $107 at Barclays

Barclays analyst Jason Goldberg lowered the firm’s price target on Northern Trust to $94 from $107 and keeps an Equal Weight rating on the shares ahead of the Q2 report. The bank’s results should reflect increases in both wealth management and asset servicing fees amid higher market levels though reduced activity levels could temper results, including currency, the analyst tells investors in a research note.