State Street Corporation (STT) is seeing impressive financial growth and investor confidence, with prominent firms such as
Godsey & Gibb Inc., Vest Financial LLC, AEGON ASSET MANAGEMENT UK Plc, GAMMA Investing LLC, and Allied Investment Advisors LLC raising their STT stock positions. Meanwhile, renowned advisor Morgan Stanley has set a fresh price target for STT at
$110.00. STT’s Q1 2025 earnings beat expectations, boosted by strong EPS growth and record ETF AUM, despite a slight revenue shortfall. The company also declared dividends on its common stock and non-cumulative perpetual preferred stock series. Fueling confidence is a new appointment of
John F. Woods as CFO and the announcement of significant deals, such as a partnership with
smallcase to expand in India's fintech sector, and a revolutionary retirement fund combining public and private markets. Additionally, shareholder representatives are confident of STT's value, envisioning it as an undervalued quality stocks open for buying. However, some concerns linger with
CFRA Research downgrading STT's rating to 'Hold' while it faces investor activism due to a 10% stock slide.
State Street Corporation STT News Analytics from Tue, 15 Oct 2024 07:00:00 GMT to Sat, 07 Jun 2025 12:48:17 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
