Morgan Stanley Maintains Equal-Weight on State Street, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on State Street Corporation (NYSE:STT) and increased the price target from $83 to $88.
January 30, 2024 | 12:01 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on State Street and raised the price target to $88, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on State Street's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100