Morgan Stanley raised the firm’s price target on Northern Trust (NTRS) to $103 from $101 and keeps an Underweight rating on the shares. Equities and bonds moved broadly higher quarter-to-date through May, notes the firm, which moved price targets up 1%-3% across the trust bank group in response.
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Read More on NTRS:
- Northern Trust appointed custodian for Dutch pension fund BPF Beton
- Northern Trust price target raised to $116 from $92 at Truist
- Northern Trust’s Stock Buyback: Potential Risks and Regulatory Concerns for Investors
- Northern Trust appoints Jeff Alexander CEO, Northern Trust Company, Canada
- Northern Trust enters service pact with Ecosystem Certification Organization
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