Truist Adjusts State Street (STT) Outlook Following Strong Fee Growth, Higher Expense Forecasts

State Street Corporation (NYSE:STT) is one of the most undervalued quality stocks to buy right now. On January 20, Truist lowered its price target for State Street to $136 from $138 while keeping a Hold rating, following an update to the firm’s model after Q4 2025 results. The adjustment reflects an increase in the firm’s estimates driven by stronger fees, which were partially offset by higher expenses. On the same day, Morgan Stanley also lowered its price target on State Street to $164 from $168 with a ...