Morgan Stanley raised the firm’s price target on State Street (STT) to $165 from $162 and keeps an Overweight rating on the shares. Following a 5% EPS beat in Q3, the firm is raising its 2026 EPS view by less than 1% to $11.72 and raising its 2027 EPS forecast by 2% to $13.79, mainly on higher fees and net interest income.
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