State Street Reports Fourth-Quarter and Full-Year 2019 Financial Results
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Argus Reiterates Hold Rating on State Street (STT)
January 21, 2020 7:47 AM ESTArgus analyst Stephen Biggar reiterated a Hold rating on State Street (NYSE: STT) following the company's 4Q earnings report. State Street reported adjusted 4Q19 operating earnings of $1.98 per share, above the $1.69 consensus. Rebounding market valuations helped 4Q results, though pressure on fee rates and the... More
State Street (STT) PT Raised to $85 at RBC Capital
January 21, 2020 6:33 AM ESTRBC Capital analyst Gerard Cassidy raised the price target on State Street (NYSE: STT) to $85.00 (from $65.00) while maintaining a Sector Perform rating.
The analyst commented, "Overall, strong 4Q19 results were driven by higher net interest income and fee revenues, partially offset by... More
