Morgan Stanley analyst Betsy Graseck lowered the firm’s price target on Northern Trust (NTRS) to $136 from $138 and keeps an Equal Weight rating on the shares. The firm is lowering its 2025 EPS forecast by 1.5% to $8.61 and its 2026 EPS view by 1.3% to $9.74, mainly driven by lower Asset Servicing/Wealth Management fees, partially offset by lower expenses.
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Read More on NTRS:
- Northern Trust expands partnership with Alchemy with Special Opportunities Fund
- Northern Trust Corp Earnings Call Highlights Strong Growth
- Northern Trust price target raised to $114 from $110 at UBS
- Northern Trust price target raised to $116 from $110 at Truist
- Northern Trust price target raised to $115 from $107 at RBC Capital
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