These Analysts Raise Their Forecasts On State Street Following Upbeat Q2 Results
State Street Corp (STT) reported strong Q2 results, with earnings of $3.65 per share and revenue of $4.05 billion. Share price rose 0.9% in pre-market trading. Analysts raised price targets.
State Street did really well in their recent quarter, making more money than expected, so experts who study the company think it might be worth more in the future. When smart watchers of a company get more hopeful about it, that's a clue the company is doing what it promised.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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