TD Cowen raised the firm’s price target on State Street (STT) to $135 from $133 and keeps a Buy rating on the shares. The firm said its earnings beat the firm’s forecast underscoring broad strength in servicing fees, management fees and FX trading.
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Read More on STT:
- State Street’s Earnings Call: Strong Growth Amid Challenges
- State Street price target lowered to $131 from $133 at Truist
- State Street price target raised to $165 from $162 at Morgan Stanley
- State Street price target raised to $129 from $121 at Wells Fargo
- Positive Outlook for State Street: Strong Fee Revenue Growth and Strategic Initiatives Drive Buy Rating
