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Headlines
- Morgan Stanley (NYSE:MS) has raised its target price for State Street, reflecting a positive outlook for the company.
- Other analysts, including Royal Bank of Canada and Wells Fargo, have also increased their target prices for State Street.
- While some analysts remain cautious, the overall sentiment around State Street remains balanced.
State Street (NYSE:STT) recently had its target price increased by Morgan Stanley in a research report. The firm maintains an equal-weight rating on the asset manager, signaling a neutral stance. Other analysts have also issued updates on the company, with Royal Bank of Canada and Wells Fargo raising their target prices. Barclays and The Goldman Sachs Group followed suit, offering similarly positive revisions. However, Wolfe Research restated a more cautious view on State Street.
The consensus among analysts reflects a mix of perspectives. Some have held cautious views, while others have raised their targets, with the average outlook suggesting a balanced sentiment across the board.
