Keefe, Bruyette & Woods Maintains Market Perform on State Street, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Brown maintains a Market Perform rating on State Street (NYSE:STT) but lowers the price target from $88 to $84.
June 27, 2024 | 11:17 am
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Keefe, Bruyette & Woods analyst Michael Brown maintains a Market Perform rating on State Street but lowers the price target from $88 to $84.
The lowered price target from $88 to $84 suggests a less optimistic outlook for State Street, which could lead to a short-term negative impact on the stock price. However, the Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100