State Street (STT) Misses Q3 EPS by 10c

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State Street (STT) Reports 7c EPS Miss; UBS Cuts Price Target to $70

October 26, 2015 10:01 AM EDT

UBS reiterated a Neutral rating on State Street (NYSE: STT), and cut the price target to $70.00 (from $76.00), following the company's 3Q15 earnings report. STT reported operating EPS of $1.16, below consensus of $1.23 per share.

Analyst Brennan Hawken commented, "Given the difficult revenue environment,... More