Fly News Breaks for February 26, 2015
STT
Feb 26, 2015 | 07:47 EDT
As previously reported, Credit Suisse downgraded State Street to Neutral from Outperform. The firm lowered estimates below consensus to reflect a flatter yield curve, slower NIM expansion and money market fee waiver alleviation and downgraded shares mainly due to valuation. It maintains its price target of $78.
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