Jefferies raises its EPS estimates on State Street STT following STT's announced restructuring plan.
Jefferies adjustments listed below:
4Q10 2011 2012 2013
Old GAAP EPS $1.06 $4.32 $4.65 $5.02
New GAAP EPS $0.82 $4.25 $4.61 $5.22
Old operating EPS $0.86 $3.70 $4.00 $4.40
New operating EPS $0.86 $3.73 $4.05 $4.70
STT closed yesterday at $43.20.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorAnalyst RatingsAsset Management & Custody BanksFinancialsJefferiesState Street
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in