Citigroup Rates State Street (STT) buy, $193 Price Target

Citigroup maintains a buy rating on State Street Corporation with a $193 target, a 13.86% upside from the current price.

By EarningsIQ Research Desk · Published Jun 23, 2026, 11:01 AM EDT · Updated Jun 26, 2026, 9:01 AM EDT

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Citigroup rated State Street Corporation ($STT) "buy" with a $193 price target on June 23, 2026.

Since the rating, $STT is down 2.4% after 1 week, up 6.6% after 1 month and down 3.6% to date (from the $171.96 close on Jun 23, 2026).

STT State Street Corporation

$165.72 +30.58% year to date

Daily close · Oct 16, 2026

Key Points

Citigroup reiterated its buy rating on State Street Corporation, setting a price target of $193 on June 23, 2026.
Citigroup's $193 price target implies 13.86% upside from State Street Corporation's ($STT) current $169.51 share price.
State Street shares traded near $172.77 on Tuesday, with a market cap around $48.1 billion and a P/E ratio of 17.6.
Insiders like Kathryn Horgan sold shares, while analysts like Wells Fargo maintain a buy rating with a $171 target.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated State Street Corporation alert may contain errors. Disclosures

On June 23, 2026, Citigroup reiterated its buy rating for State Street Corporation (NYSE:STT), setting a price target of $193. Shares of State Street traded near $172.77 on Tuesday, reflecting Citigroup's continued confidence in the financial services giant.

Analyst rating track record

Citigroup vs. the S&P 500

YTD return -2.20% hypothetical

All-time return +32.45% S&P 500 +29.29%

vs. S&P 500 +3.16% ahead of the index

Hypothetical returns from Citigroup's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

On June 23, 2026, Citigroup maintained its buy rating on State Street Corporation, setting a price target of $193. Other analysts have also shown optimism. Wells Fargo maintained a buy rating with a $171 target on May 26, 2026. Meanwhile, JP Morgan held a neutral stance with a hold rating and a $158.5 target on May 11, 2026.

State Street Corporation Stock Up 1.1%

Shares of NYSE:STT traded near $172.77 on Tuesday. State Street Corporation, with a market cap of about $48.1 billion, holds a P/E ratio of 17.6 and a forward P/E of 12.6. The stock's 52-week range spans from $99.00 to $174.66, with recent moving averages of $154.24 over 50 days and $130.48 over 200 days. The company has a beta of 1.451, indicating higher volatility relative to the market.

12-month forecast

$STT price target

State Street Corporation daily closes and this analyst's $193 target. Not advice.

Insider Buying and Selling at State Street Corporation

Several insiders have been active recently. Executive Vice President Kathryn Horgan sold 5,500 shares at $162.78 on June 11, 2026, under a planned sale. EVP and Chief Admin Officer Michael Richards sold 1,500 shares at $162.14 on June 8, 2026. Additionally, EVP and Chief Risk Officer Bradford Hu sold 9,212 shares at $155.35 on May 26, 2026, in a planned sale. Meanwhile, insiders John Rhea and Julio Portalatin each bought shares on May 20, 2026.

About State Street Corporation

State Street Corporation, headquartered in Boston, Massachusetts, is a leading provider of financial services to institutional investors. The company offers a wide range of services including custody, accounting, fund administration, and investment management solutions. Under the leadership of CEO Ronald Philip O'Hanley, State Street employs over 51,500 people and serves clients worldwide, including mutual funds, retirement plans, and insurance companies.

Bottom Line

Citigroup's reiteration of a buy rating for State Street Corporation underscores the bank's positive outlook for the asset management firm. With a new price target of $193, Citigroup sees potential growth for State Street. Analysts and investors will be watching closely as the company approaches its next earnings report on July 16, 2026. As always, investors should remember that 13F filings and analyst ratings are backward-looking and may not reflect the most current market conditions.