Deep Dive Into State Street Stock: Analyst Perspectives (15 Ratings)
Portfolio Pulse from Benzinga Insights
State Street (NYSE:STT) has received mixed analyst ratings over the last quarter, with a range of bullish to bearish sentiments. Analysts have set a 12-month average price target of $89.07, with a high of $103.00 and a low of $73.00. Recent analyst actions include several rating raises and price target adjustments, reflecting changing market conditions and company performance. Despite impressive revenue growth, State Street faces challenges with below-industry-average net margin, ROE, ROA, and a high debt-to-equity ratio.
September 23, 2024 | 2:00 pm
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State Street has received mixed analyst ratings, with a 12-month average price target of $89.07. Analysts have adjusted their ratings and price targets, reflecting changing market conditions. Despite revenue growth, the company faces challenges with profitability and debt management.
The mixed analyst ratings and adjustments in price targets indicate uncertainty in the market's perception of State Street's future performance. While the average price target has increased, the company's financial challenges, such as low net margin and high debt, may offset positive sentiment from revenue growth. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100