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Fly News Breaks for June 5, 2017
STT
Jun 5, 2017 | 05:35 EDT
UBS analyst Brennan Hawken upgraded State Street to Buy and raised his price target for the shares to $92 from $86. The analyst believes investor concerns about increased competitive pressure has brought an attractive buying opportunity. After meeting with management, Hawken has greater confidence in the earnings outlook for the company's European business.
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