Northern Trust Names William L. Morrison Vice Chairman

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UBS Cuts Price Target on Northern Trust (NTRS) to $69 Following 2Q

July 21, 2016 9:32 AM EDT

UBS maintained a Neutral rating on Northern Trust (NASDAQ: NTRS), and cut the price target to $69.00 (from $74.00), following the company's 2Q earnings report. NTRS reported 2Q adjusted EPS of $1.06, in line with consensus.

Analyst Brennan Hawken commented, "On a fully phased basis NTRS's CET1... More

Jefferies Raises Price Target on Northern Trust (NTRS) to $71 Following 2Q

July 21, 2016 9:10 AM EDT

Jefferies reiterated a Hold rating on Northern Trust (NASDAQ: NTRS), and raised the price target to $71.00 (from $68.00), following the company's 2Q earnings report. Trust fees grew 2.7% Q-Q, helped by $7.5mm of fee waiver recapture. Expenses were higher-than-expected in 2Q, as outside services costs stepped... More