State Street Corp. (Symbol: STT) shares surpassed the average analyst 12-month target price of $105.53, trading at $106.00 per share. This price movement invites analysts to reconsider their projections, potentially downgrading on valuation or raising targets depending on the company’s fundamentals.
There are 15 analysts covering State Street, with predictions ranging from a low of $89.00 to a high of $120.00, and a standard deviation of $9.093 in the target prices. Currently, analyst ratings include 8 Strong Buys, 2 Buys, 6 Holds, and 1 Sell, translating to an average rating of 1.97 on a scale where 1 is Strong Buy and 5 is Strong Sell.
