Northern Trust price target raised to $130 from $117 at Goldman Sachs

Goldman Sachs analyst Alexander Blostein raised the firm’s price target on Northern Trust (NTRS) to $130 from $117 and keeps a Sell rating on the shares. Goldman Sachs is broadly positive on its Capital Markets coverage into 2026, with Alternative and Traditional managers presenting the most compelling upside, followed by Brokers and Trust Banks, the analyst tells investors in a research note. The firm expects Capital Markets recovery to gain steam across M&A and Equity Capital Markets.