Northern Trust Corporation Reports Third Quarter 2022 Financial Results

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Deutsche Bank Downgrades Northern Trust (NTRS) to Hold

October 19, 2022 4:57 PM EDT

Deutsche Bank analyst Brian Bedell downgraded Northern Trust (NASDAQ: NTRS) from Buy to Hold with a price target of $80.00 (from $101.00).

The analyst comments "3Q results aside, we view the forward outlook less favorably upon our estimate revisions (detail below), and while we... More