Wells Fargo raised the firm’s price target on Northern Trust (NTRS) to $120 from $111 and keeps an Equal Weight rating on the shares. The firm says the company made it clear that they intend to remain independent in their words, actions, and targets. Wells ups estimates and price target after the Q2 beat, but the “takeover story” seems to have run its course.
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Read More on NTRS:
- Northern’s Strong Wealth Franchise and Leadership Changes Drive Buy Rating
- Northern Trust price target raised to $136 from $128 at Barclays
- Northern Trust Corporation Reports Strong Q2 Results
- Northern Trust’s Earnings Call: Growth Amid Challenges
- Northern Trust upgraded to Peer Perform from Underperform at Wolfe Research