UBS Maintains Neutral on Northern Trust, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Neutral rating on Northern Trust (NASDAQ:NTRS) and increased the price target from $72 to $84.
January 09, 2024 | 4:00 pm
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UBS has maintained a Neutral rating on Northern Trust but raised the price target from $72 to $84, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation assessment of Northern Trust, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that UBS does not see significant outperformance relative to the market or sector.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100