B of A Securities Maintains Underperform on State Street, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ebrahim Poonawala maintains an Underperform rating on State Street (NYSE:STT) but raises the price target from $85 to $96.
July 17, 2024 | 12:46 pm
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NEUTRAL IMPACT
B of A Securities has maintained an Underperform rating on State Street but raised the price target from $85 to $96. This indicates a cautious outlook despite a higher valuation.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive factors. The mixed signals may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100