State Street lifts Citigroup target to 193 dollars, shares hold near recent NYSE highs
23.06.2026 - 22:41:48 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 20:40.
State Street Corporation (US8574771031) sits in focus on Tuesday as Citigroup adjusts its view on the New York-listed custody bank. The S&P 500 member continues to trade close to recent range highs on the NYSE after a fresh analyst target lift.
Citigroup lifts target and stays Buy
Citigroup on Monday raised its price target on State Street to 193 US dollars from 172 dollars while reiterating a Buy rating, according to a brief published on MarketScreener. The new target implies a mid-single-digit upside from current trading levels.
The analyst move comes as State Street shares change hands around the mid-170 dollar area, with recent prints near 174 dollars in intraday NYSE trading on Tuesday, according to consolidated quote data. That leaves the stock not far from its 52-week highs, supported by robust fee income from asset servicing and management activities.
Consensus positioning on the State Street stock
Across Wall Street, State Street carries a mixed but constructive view from analysts, with a cluster of Buy and Hold recommendations and only a small minority of Sell ratings, based on a consensus compilation on MarketBeat. The average 12-month price target in that survey sits in the low- to mid-160 dollar range, now below the fresh Citigroup objective.
In price terms, State Street shares recently traded around 174.32 dollars as of 2026-06-23, 13:15 Eastern Time, according to data provider FinancialData.net. This places the shares roughly 0.3 percent higher on the day and extends a multi-month recovery that has outpaced parts of the US banking peer group.
All news and data on the State Street shares
Key figures, past ad-hoc releases and further analyst commentary on State Street are available in the dedicated stock overview.
How State Street makes its money
State Street generates most of its revenue from custody, fund administration and related services for institutional investors, alongside asset management fees from its State Street Global Advisors arm. As of late 2025, the group oversaw around 5.4 trillion US dollars in assets under management and roughly 51.7 trillion dollars in assets under custody and administration, according to a profile by FinancialData.net.
Where the State Street shares trade today
The State Street shares (US8574771031) traded on 2026-06-23 at 13:15 Eastern Time on the NYSE at 174.32 US dollars.
Key data on the State Street shares
- Company: State Street Corporation
- ISIN: US8574771031
- WKN: 864777
- Ticker: STT
- Trading venue: NYSE
- Price (as of 2026-06-23, 13:15): 174.32 USD
- Market cap: 54.0 billion USD (as of 2026-06-23)
- Sector / industry: Financials / Asset Management & Custody Banks
- Index membership: S&P 500
- Next earnings date: 2026-07-16
This article is for informational purposes only and does not constitute investment advice, tax advice or a recommendation to buy or sell any securities. Investors should conduct their own research or consult a qualified adviser before making investment decisions.
