Evercore ISI Group Cuts State Street (STT) Price Target to $185
Evercore ISI Group has reaffirmed its Outperform rating on State Street Corporation, adjusting the price target to $185 on October 15, 2026, a 10.45% upside from the current price.
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Evercore ISI Group cut its price target on State Street Corporation ($STT) to $185 from $200 on October 15, 2026, and rates the stock "Outperform".
Since the rating, $STT is down 1.1% to date (from the $167.60 close on Oct 15, 2026).
STT
State Street Corporation
Key Points
- Evercore ISI Group reiterated its Outperform rating on State Street Corporation, lowering the price target to $185 from $200.
- Evercore ISI Group's $185 price target implies 10.45% upside from State Street Corporation's ($STT) current $167.50 share price.
- The stock recently traded around $167.5, which is about 9.5% below the new target.
- State Street has a strong revenue growth of 18.4% year-over-year and a net margin of 23.0%.
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Evercore ISI Group has reiterated its Outperform rating on State Street Corporation (NYSE: STT) and adjusted the price target to $185 on October 15, 2026. This is a decrease from the previous target of $200. As of October 16, 2026, the stock was recently trading around $167.5, which is about 9.5% below the new target.
Evercore ISI Group vs. the S&P 500
Hypothetical returns from Evercore ISI Group's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in State Street Corporation
Blackrock Inc. grew its holdings by 391,450 shares, ending with 24,406,776 shares worth about $4.04 billion. FMR, LLC increased its stake by 2,370,481 shares, bringing its total to 13,911,287 shares valued at approximately $2.31 billion. In contrast, Vanguard Portfolio Management LLC reduced its position by 1,381,118 shares, leaving it with 14,734,612 shares worth about $2.44 billion.
State Street Corporation Stock Down 0.1%
State Street Corporation's stock is currently trading below its new price target. The recent price of $167.5 is significantly lower than the adjusted target of $185, indicating potential room for growth should the stock respond positively to market conditions.
$STT price target
State Street Corporation daily closes and this analyst's $185 target. Not advice.
Recent Earnings
State Street reported trailing twelve-month revenue of about $15.02 billion and an EPS of $11.34. The company has a return on equity (ROE) of 12.4% and a net margin of 23.0%, reflecting solid profitability. The next earnings report is scheduled for November 2026.
Insider Buying and Selling at State Street Corporation
Insider transactions include sales by Ronald P. O'Hanley, the CEO, who sold 14,553 shares at an average price of $184.17 on July 21, 2026, totaling approximately $2.68 million. Other sales were made by officers Kathryn M Horgan and W Bradford Hu, with respective sales of 5,523 shares and 9,758 shares on the same dates, reflecting ongoing activity among executives.
Analysts Set New Price Targets
On October 15, 2026, Evercore ISI Group maintained its Outperform rating with a price target of $185. Also on that day, RBC Capital maintained its Sector Perform rating with a target of $175, while Truist Securities adjusted its target to $171 from $190. The consensus rating for State Street is currently mixed, reflecting varied expectations among analysts.
About State Street Corporation
State Street Corporation is a leading financial services provider, specializing in asset management and servicing for institutional investors. With a strong focus on investment solutions, the company plays a critical role in the financial services sector, making this analyst rating particularly relevant.
Bottom Line
Investors should monitor State Street's upcoming earnings report in November 2026 for insights into its financial health. The recent price target adjustment by Evercore ISI Group suggests a cautious outlook, given the stock's current trading position relative to the new target.
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Source: Evercore ISI Group's rating change on $STT (Oct 15, 2026). Written by software, not financial advice. How we make alerts