Do Wall Street Analysts Like State Street Stock?

Valued at a market cap of $28 billion, State Street Corporation (STT) is a prominent American financial services and bank holding company headquartered at One Congress Street in Boston, Massachusetts. With operations in over 100 geographic markets, State Street serves a diverse clientele, including asset managers, insurance companies, pension funds, and central banks. 

Shares of this financial services company have outpaced the broader market over the past 52 weeks. STT has rallied 26.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. However, on a YTD basis, the stock is up marginally, slightly lagging behind SPX’s 1.3% rise.