State Street to Acquire Charles River Development for $2.6 Billion

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Go back to State Street to Acquire Charles River Development for $2.6 Billion

State Street (STT) PT Lowered to $102 at Deutsche Bank Following Mixed 2Q

July 23, 2018 7:03 AM EDT

Deutsche Bank lowered its price target on State Street (NYSE: STT) to $102.00 (from $115.00) while maintaining a Buy rating following the company's 2Q earnings report. STTs 2Q18 core EPS of $2.03 beat $2.01 consensus but Deutsche Bank views 2Q results as mixed with weaker than expected core... More