Northern Trust Corporation (NASDAQ:NTRS) reported upbeat earnings for the second quarter on Wednesday.
The company posted quarterly earnings of $2.13 per share which beat the analyst consensus estimate of $2.01 per share. The company reported quarterly sales of $1.998 billion which beat the analyst consensus estimate of $1.955 billion.
Northern Trust shares gained 3.7% to trade at $128.77 on Thursday.
These analysts made changes to their price targets on Northern Trust following earnings announcement.
- Keefe, Bruyette & Woods analyst David Konrad reiterated Northern Trust with an Underperform rating and lowered the price target from $120 to $118.
- Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and raised the price target from $111 to $120.
- Barclays analyst Jason Goldberg maintained Northern Trust with an Equal-Weight rating and raised the price target from $128 to $136.
- Wolfe Research analyst Erik Suppiger upgraded Northern Trust from Underperform to Peer Perform.
Considering buying NTRS stock? Here’s what analysts think:
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