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Analysts change their predictions for State Street after the company’s third-quarter results.

OpinionRead the original at Benzinga
Neutral

State Street beat the profit-per-share estimate and grew fees, but sales missed slightly and analysts split on price targets. These facts point in different directions, so the report does not clearly change its outlook.

STT · State Street Corp.

AI read · Neutral

The AI's read

The profit-per-share beat and growing fees point to stronger business activity. But sales missed the estimate, and 2 analysts cut price targets while 1 raised one. These facts pull in different directions, so the report does not clearly change State Street's outlook.

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