State Street Corporation (STT) has a market cap of $31.5 billion and offers financial services to institutional investors globally. The company’s shares have outperformed the market, with a 37.2% surge in the past year. Despite exceeding Q2 estimates, STT shares fell 7.3% due to increased expenses and declining net interest income.

Analysts predict STT’s adjusted EPS to grow 13.6% to $9.85 for the fiscal year ending in December 2025. With a history of beating consensus estimates, the stock has a “Moderate Buy” rating from 18 analysts. Truist raised State Street’s price target to $125 with a “Buy” rating on August 14.

STT stock is currently trading below the mean price target of $116.70. The highest price target of $131 suggests a potential 17.4% upside from current levels. Sohini Mondal, the author, does not hold any positions in the securities mentioned. The article provides information for informational purposes only.

Read more at Yahoo Finance: State Street Stock: Analyst Estimates & Ratings