Morgan Stanley Maintains Equal-Weight on State Street, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh maintains an Equal-Weight rating on State Street (NYSE:STT) and raises the price target from $89 to $90.
April 15, 2024 | 4:53 pm
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Morgan Stanley maintains an Equal-Weight rating on State Street and raises the price target from $89 to $90.
The increase in price target by Morgan Stanley suggests a positive outlook on State Street's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the analyst views the stock as fairly valued at its current price, but the raised target suggests an expectation of some growth.
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IMPORTANCE 75
RELEVANCE 100