Form 8-K STATE STREET CORP For: Oct 10

Go back to Form 8-K STATE STREET CORP For: Oct 10

BofA Securities Reiterates Underperform Rating on State Street (STT)

October 16, 2024 6:25 AM EDT

BofA Securities analyst Nat Schindler reiterated an Underperform rating and $99.00 price target on State Street (NYSE: STT).

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

State Street (STT) PT Raised to $90 at Deutsche Bank

October 16, 2024 6:19 AM EDT

Deutsche Bank analyst Brian Bedell raised the price target on State Street (NYSE: STT) to $90.00 (from $87.00) while maintaining a Hold rating.

The analyst comments "Overall, while we see the upward revenue guidance and mgmt's reiteration of achieving positive operating leverage for this year... More

State Street (STT) PT Raised to $106 at Goldman Sachs

October 16, 2024 6:02 AM EDT

Goldman Sachs analyst Alexander Bolstein raised the price target on State Street (NYSE: STT) to $106.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "Following STT's better-than-expected 3Q24 results, we remain Buy-rated on the stock with revise our 2024E/2025E/2026E EPS to $8.49/$9.75/$10.86 (vs.... More

State Street (STT) PT Raised to $94 at Evercore ISI

October 16, 2024 6:00 AM EDT

Evercore ISI analyst Glenn Schorr raised the price target on State Street (NYSE: STT) to $94.00 (from $89.00) while maintaining a Outperform rating.

The analyst comments "Good quarter from STT thanks to higher fees produced by good organic growth and strong markets plus better NII, excess capital deployment with more to come and controlled enough expenses. STT shares caught an intra-day bid after mgmt revealed better fee... More

State Street (STT) PT Raised to $108 at Barclays

October 16, 2024 5:45 AM EDT

Barclays analyst Jason Goldberg raised the price target on State Street (NYSE: STT) to $108.00 (from $103.00) while maintaining a Overweight rating.

The analyst comments "Bottom line: EPS was ahead of consensus expectations as fee revenue followed by net interest income exceeded expectations. Still, expenses... More

State Street (STT) PT Raised to $106 at Wells Fargo

October 16, 2024 5:38 AM EDT

Wells Fargo analyst Mike Mayo raised the price target on State Street (NYSE: STT) to $106.00 (from $98.00) while maintaining a Overweight rating.

The analyst comments "State Street showed improved core servicing growth in the quarter, albeit with higher expense growth, a... More

State Street (STT) PT Raised to $100 at CFRA

October 15, 2024 1:52 PM EDT

CFRA analyst Kenneth Leon raised the price target on State Street (NYSE: STT) to $100.00 (from $90.00) while maintaining a Hold rating.

The analyst comments "We raise our target by $10 to $100 on a forward P/E of 11.0x, near the five-year historic average at... More