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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100