State Street Corporation (NYSE:STT) Receives Average Recommendation of "Moderate Buy" from Brokerages

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State Street Corporation (NYSE:STT) has received an average “Moderate Buy” rating from thirteen brokerages, with an average 12-month target price of $135.83. This follows several analysts reiterating buy ratings or initiating coverage with a buy, while one analyst upgraded the stock to a “hold.” The company recently reported strong quarterly earnings, surpassing analyst estimates, and declared a quarterly dividend of $0.84 per share.

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