Morgan Stanley Maintains Equal-Weight on State Street, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on State Street (NYSE:STT) and lowered the price target from $91 to $81.
July 18, 2023 | 2:31 pm
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NEGATIVE IMPACT
State Street's price target has been lowered from $91 to $81 by Morgan Stanley, while maintaining an Equal-Weight rating.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on State Street's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100