Northern Trust: Time To Take Profits (Downgrade)

Core Insights - Northern Trust Corporation (NASDAQ: NTRS) has seen its shares increase by over 30% this year, driven by strong performance in custody and trust banking, supported by elevated markets and interest rates [1] Company Performance - The company has delivered strong results, which have contributed to its stock performance [1] Market Context - The rise in Northern Trust's stock is attributed to favorable market conditions and higher interest rates [1]