State Street Analysts Increase Their Forecasts After Strong Earnings
Portfolio Pulse from Avi Kapoor
State Street Corporation (NYSE:STT) reported strong Q2 earnings, beating revenue and EPS estimates. Analysts have raised their price targets for the stock following the results.
July 17, 2024 | 5:31 pm
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State Street Corporation reported better-than-expected Q2 earnings, with revenues of $3.191 billion and EPS of $2.15. Analysts have raised their price targets for the stock.
State Street's strong Q2 earnings, with revenues and EPS beating estimates, have led multiple analysts to raise their price targets. This positive sentiment is likely to boost the stock price in the short term.
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