State Street sees new Citi target, shares react to fresh Buy rating
23.06.2026 - 21:46:44 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 21:40.
State Street Corporation (US8574771031) draws fresh attention on the NYSE after a new analyst move. Citigroup raised its price target on the financial services group and maintained a Buy rating, adding a new datapoint for investors in US custody banks. Citigroup Adjusts Price Target on State Street to $193 From $172, Maintains Buy Rating
What Citigroup is changing
Citigroup now sees State Street at a price target of 193 US dollars, up from 172 dollars previously, according to a June 22 analyst note that keeps the rating at Buy. Citigroup analyst update on State Street The shares trade on the NYSE under the ticker STT and remain part of the S&P 500 financials cohort.
The new target of 193 dollars stands clearly above the last close near 174 dollars mentioned by MarketScreener, implying further upside in Citi's scenario. MarketScreener price and consensus data on State Street The maintained Buy stance signals that Citi continues to see value in the Boston-based custody and asset management specialist relative to other US financials.
How the consensus picture looks
Beyond Citigroup, State Street sits within a broader analyst consensus that tracks the NYSE-listed stock closely. MarketScreener data shows several major houses covering STT, with an average target price currently cited around 162.68 dollars, reflecting a mix of Buy and Hold recommendations. MarketScreener consensus overview for STT
The Citi target now sits materially above that average, positioning the bank among the more constructive voices on State Street. Citigroup price-target revision note For retail investors, such dispersion in targets underlines that the stock is seen differently across the analyst community, even as State Street remains a core holding in many US financials portfolios.
All news and analysis on the State Street shares
Further articles, price data and background information on State Street are available in the dedicated topic section and via the company’s Investor Relations page.
How State Street earns its money
State Street generates most of its revenue through custody, fund administration and asset management services for institutional clients worldwide. FinancialData company profile on State Street As of the third quarter of 2025, it oversaw roughly 5.4 trillion US dollars in assets under management and around 51.7 trillion dollars in assets under custody and administration, making it one of the largest global players in this segment.
Where the shares trade today
State Street shares (US8574771031) trade on the NYSE under the ticker STT and changed hands at about 174.32 US dollars as of 2026-06-23, 13:15 Eastern time, according to FinancialData. FinancialData real-time quote for STT That places the company firmly within the US large-cap financials universe.
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: approximately 51 billion USD (as of 2026-06-23)
- Sector / industry: Financials / Asset Management and Custody Banking
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or any form of financial promotion. All data are based on sources believed to be reliable but cannot be guaranteed. Investors should conduct their own research or consult a qualified advisor before making investment decisions.
