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+1.35| Last Update: 05/17/13 - 4:05 PM EDT |
| Volume: 3,522,569 |
| YTD Performance: 38.63% |
| Open: $64.07 |
| Previous Close: $63.81 |
| 52 Week Range: $38.95 - $64.04 |
| Oustanding Shares: 456,072,479 |
| Market Cap: 29,101,984,885 |
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| Qtr (06/13) | Qtr (09/13) | FY (12/13) | FY (12/14) | |
|---|---|---|---|---|
| Average Estimate | $1.17 | $1.15 | $4.49 | $5.11 |
| Number of Analysts | 13 | 13 | 15 | 15 |
| High Estimate | $1.22 | $1.19 | $4.65 | $5.40 |
| Low Estimate | $1.13 | $1.09 | $4.30 | $4.85 |
| Prior Year | $1.01 | $0.99 | $3.95 | $4.49 |
| Growth Rate (Year over Year) | 15.46% | 15.85% | 13.65% | 13.84% |
State Street estimates increased at UBSSTT earnings estimates increased through 2014 after first quarter beat, said UBS. The company continues to target $575 to $625 million in savings by 2015.
As rates return to normal, these three names should get a lift.
State Street upgraded at JefferiesShares of STT upgraded to Buy from Hold, Jefferies said. $65 price target. Revenues showing signs of life. Buy rating.
The action today is leaving a lot of technicians scratching their heads.
State Street downgraded at GuggenheimSTT was downgraded from Buy to Neutral, Guggenheim said. $63 price target. Valuation call, as the stock is up 32% since the Fall.
Even after a strong 2012, the sector is still playing catch-up with the rest of the market.