You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Mass. Movers

State Street offers promising guidance

State Street Corp. is based in Boston.

Bloomberg News/File 2009

State Street Corp. is based in Boston.

Continue reading below

ISI Group analysts raised their price target for State Street Corp. after the financial services company gave positive guidance at its investor meeting, reported. The analysts are keeping a “buy” rating and forecast the stock will reach $64. The previous target was $63. Key factors, they said, include cost-cutting initiatives and their belief that the company is “improving upon a leadership position in asset servicing that should enhance its longer-term position.”

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of