UBS Maintains Neutral on State Street, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Neutral rating on State Street Corporation (NYSE:STT) and increased the price target from $70 to $82.

January 09, 2024 | 4:16 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on State Street and raised the price target to $82, indicating a potential upside from the previous target.
The increase in price target by UBS suggests a positive outlook on State Street's future performance, 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, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100