State Street posts higher AUM; revenue beats estimates on higher fees

Go back to State Street posts higher AUM; revenue beats estimates on higher fees

State Street (STT) PT Raised to $92 at Argus

July 18, 2024 8:54 AM EDT

Argus analyst Stephen Biggar raised the price target on State Street (NYSE: STT) to $92.00 (from $86.00) while maintaining a Buy rating.

The analyst comments "Raising target to $92 after 2Q EPS On July 16, State Street reported 2Q24 earnings of $2.15 per share, down from $2.17 a year earlier but... More

State Street (STT) PT Raised to $91 at RBC Capital

July 17, 2024 6:43 AM EDT

RBC Capital analyst Gerard Cassidy raised the price target on State Street (NYSE: STT) to $91.00 (from $85.00) while maintaining a Sector Perform rating.

The analyst comments "As a leading global custody bank, STT continues to win new mandates for its products and... More

State Street (STT) PT Raised to $96 at BofA Securities

July 17, 2024 5:17 AM EDT

BofA Securities analyst Nat Schindler raised the price target on State Street (NYSE: STT) to $96.00 (from $85.00) while maintaining a Underperform rating.

The analyst comments "Our Underperform rating on the stock has been driven by better relative risk/reward elsewhere in our... More

State Street (STT) PT Raised to $80 at Deutsche Bank

July 17, 2024 5:06 AM EDT

Deutsche Bank analyst Brian Bedell raised the price target on State Street (NYSE: STT) to $80.00 (from $75.00) while maintaining a Hold rating.

The analyst comments "We view 2Q results to be relatively good with adjusted EPS of $2.15 vs. our estimate and Consensus of $2.30, driven by a solid beat in NII and good... More

State Street (STT) PT Raised to $91 at Evercore ISI

July 17, 2024 5:00 AM EDT

Evercore ISI analyst Glenn Schorr raised the price target on State Street (NYSE: STT) to $91.00 (from $88.00) while maintaining a Outperform rating.

The analyst comments "Ron OHanley summed it up: much of what we do is a game of inches, but there's a... More