Morgan Stanley Maintains Equal-Weight on State Street, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh maintains an Equal-Weight rating on State Street (NYSE:STT) and raises the price target from $83 to $85.
June 01, 2023 | 11:55 am
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Morgan Stanley maintains an Equal-Weight rating on State Street and raises the price target from $83 to $85.
Morgan Stanley's decision to maintain an Equal-Weight rating on State Street indicates a neutral outlook for the stock. The price target increase from $83 to $85 suggests a slightly more optimistic view, but overall, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100