Goldman Sachs Upgrades State Street to Buy, Announces $92 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein upgraded State Street (NYSE:STT) from Neutral to Buy and set a price target of $92.

January 03, 2024 | 9:43 am
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State Street upgraded by Goldman Sachs from Neutral to Buy with a new price target of $92.
Upgrades by prominent analysts like Goldman Sachs typically lead to positive short-term price movement as market sentiment improves. The new price target of $92 suggests a bullish outlook, which can encourage investors to buy, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100