Goldman Sachs Raises Northern Trust (NTRS) PT to $148 Despite Maintaining a Sell Rating

Core Viewpoint - Northern Trust Corporation (NASDAQ:NTRS) is currently considered one of the most undervalued quality stocks, with recent price target increases from multiple analysts despite varying ratings [1][2][3]. Analyst Ratings and Price Targets - Goldman Sachs raised its price target for Northern Trust to $148 from $130 while maintaining a Sell rating [1]. - Citi increased its price target to $162 from $143, keeping a Neutral rating, following a Q4 2025 earnings beat with an EPS of $2.42 and revenue of $2.14 billion [2]. - TD Cowen raised its price target to $175 from $165 with a Buy rating, citing a Q4 2025 core EPS of $2.62 that exceeded expectations due to higher pre-tax pre-provision income and lower provision expenses [3]. Company Overview - Northern Trust Corporation is a financial holding company that provides wealth management, asset servicing, asset management, and banking solutions for various clients, operating in two segments: Asset Servicing and Wealth Management [4].