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Northern Trust price target raised to $157 from $149 at Morgan Stanley

Morgan Stanley analyst Manan Gosalia raised the firm’s price target on Northern Trust (NTRS) to $157 from $149 and keeps an Underweight rating on the shares. The firm is raising its 2026 EPS forecast 7%, mainly on the Q1 beat, and raising its 2027 EPS view by 6%, mainly on higher fee and net interest income, partially offset by higher expenses.

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