State Street (STT) Tops Q4 EPS by 29c
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- Wall Street closes higher as investors digest earnings, megacap outlook
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- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
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- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Argus Reiterates Hold Rating on State Street (STT)
January 21, 2020 7:47 AM ESTArgus analyst Stephen Biggar reiterated a Hold rating on State Street (NYSE: STT) following the company's 4Q earnings report. State Street reported adjusted 4Q19 operating earnings of $1.98 per share, above the $1.69 consensus. Rebounding market valuations helped 4Q results, though pressure on fee rates and the... More
State Street (STT) PT Raised to $85 at RBC Capital
January 21, 2020 6:33 AM ESTRBC Capital analyst Gerard Cassidy raised the price target on State Street (NYSE: STT) to $85.00 (from $65.00) while maintaining a Sector Perform rating.
The analyst commented, "Overall, strong 4Q19 results were driven by higher net interest income and fee revenues, partially offset by... More
