State Street (STT) News Today

State Street Corporation (NYSE:STT) shares have been supported by recent analyst upgrades, stronger earnings forecasts and a potential new custody mandate, while portfolio rebalancing in offshore holdings carried a neutral impact.

• Positive Sentiment: BMO Capital Markets initiated coverage on State Street with an “outperform” rating and a $130.00 price target, signaling roughly 11.7% upside from current levels. State Street (NYSE:STT) Earns Outperform Rating from Analysts at BMO Capital Markets
• Positive Sentiment: Zacks Research raised its Q3 2027 EPS estimate for State Street to $3.04 (up from $2.95) and forecasts stronger full-year earnings, reflecting improved profitability ahead. Zacks Research Boosts Earnings Estimates for State Street
• Positive Sentiment: Mizuho Financial Group’s recent offshore custody deal could reshape State Street’s asset growth story by adding new mandates and boosting fee-based revenue. Is Mizuho's Offshore Custody Deal Reshaping State Street’s Asset Growth Story (STT)?
• Neutral Sentiment: Truist Securities maintained its buy recommendation on STT, keeping its positive stance unchanged but without revising its price target. Truist Securities Maintains State Street (STT) Buy Recommendation
• Neutral Sentiment: State Street ceased substantial holdings in several Australia-listed companies—Dalrymple Bay Infrastructure, Johns Lyng Group, Judo Capital, Catalyst Metals and G8 Education—as part of routine portfolio rebalancing. Dalrymple Bay Infrastructure, Johns Lyng Group, Judo Capital, Catalyst Metals, and G8 Education