State Street Reports Fourth-Quarter 2017 GAAP-Basis EPS of $0.89, ROE of 6.9% and Revenue of $2.8 Billion; Includes One-Time Net Cost of $270 Million or -$0.72 Per Share Related to Tax Reform (1)

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Go back to State Street Reports Fourth-Quarter 2017 GAAP-Basis EPS of $0.89, ROE of 6.9% and Revenue of $2.8 Billion; Includes One-Time Net Cost of $270 Million or -$0.72 Per Share Related to Tax Reform (1)

State Street (STT) PT Raised to $115 at Deutsche Bank

January 24, 2018 8:10 AM EST

Deutsche Bank raised its price target on State Street (NYSE: STT) to $115.00 (from $110.00) while maintaining a Hold rating following the company's 4Q earnings report. STTs 4Q17 non-GAAP EPS of $1.83 beat consensus of $1.70. The core beat was from lower operating expenses than... More