RBC Capital Maintains Outperform on Northern Trust, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has maintained an 'Outperform' rating on Northern Trust (NASDAQ:NTRS), but lowered the price target from $85 to $75.
September 19, 2023 | 11:49 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Northern Trust's price target has been lowered from $85 to $75 by RBC Capital, though the 'Outperform' rating is maintained.
The news directly pertains to Northern Trust (NTRS) as RBC Capital has lowered its price target for the company. However, the 'Outperform' rating is maintained, indicating that the analyst still expects the stock to outperform the market. This could have a neutral impact on the stock's price in the short term as the lowered price target might be seen as a negative, but the maintained 'Outperform' rating could be seen as a positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100