Morgan Stanley Maintains Equal-Weight on State Street, Raises Price Target to $93
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 $90 to $93.
July 17, 2024 | 4:40 pm
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POSITIVE IMPACT
Morgan Stanley analyst Connor Lynagh maintains an Equal-Weight rating on State Street and raises the price target from $90 to $93.
The raised price target from $90 to $93 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating a slight upward revision in the stock's valuation. However, the Equal-Weight rating suggests a neutral stance, implying that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100