Morgan Stanley raised the firm’s price target on State Street (STT) to $166 from $155 and keeps an Overweight rating on the shares. Q1 earnings showed strong revenue growth and operating leverage ahead of the company giving medium-term targets along with its Q2 earnings report, the analyst tells investors.
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Read More on STT:
- State Street price target raised to $158 from $140 at Evercore ISI
- State Street price target raised to $155 from $135 at RBC Capital
- State Street price target raised to $175 from $157 at Keefe Bruyette
- State Street price target raised to $168 from $152 at Goldman Sachs
- State Street price target raised to $165 from $152 at Barclays