Morgan Stanley analyst Betsy Graseck raised the firm’s price target on State Street (STT) to $168 from $165 and keeps an Overweight rating on the shares after marking to market the firm’s model to reflect the latest guidance post last week’s industry conference.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STT:
- Crypto Currents: Gemini receives U.S. license for prediction markets
- Crypto Currents: Bitcoin slides as Oracle drags tech sector down
- Galaxy Digital, State Street to tokenize private liquidity fund
- State Street guidance includes higher revenue and expenses, says Keefe Bruyette
- State Street sees Q4 expenses approaching 5%