Goldman Sachs Maintains “Sell” Rating on Northern …

From Financial Modeling Prep: 2025-01-23 21:05:42

Goldman Sachs raised Northern Trust Corporation’s price target from $92 to $102, maintaining a “Sell” rating despite the stock being in a “hold” position at $109.54. Northern Trust reported an impressive Q4 2024 with adjusted EPS of $2.26, exceeding estimates, and net income reaching $455.4 million, totaling $2.03 billion for the full year. The company’s revenue for Q4 2024 was $1.96 billion, a 26.8% increase from the previous year, outperforming expectations. Northern Trust’s stock currently trades at $109.54, with a market cap of around $21.71 billion, showing potential for growth.



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