State Street Stock Hits 52-Week High: Is This the Right Time to Buy?
STTState Street(STT) ZACKS·2024-09-03 02:05

State Street Corp.’s (STT) shares have touched a 52-week high of $87.27 on Friday. The stock closed the session a tad lower at $87.10, gaining 17.7% in the past six months.The stock has outperformed the industry, the S&P 500 Index, and its peers KeyCorp (KEY) , Comerica Inc. (CMA) and Northern Trust Corp. (NTRS) in the same time frame.Six-Month Price Performance Chart Image Source: Zacks Investment Research STT’s improving fee income through strategic buyouts and business servicing wins, alongside a solid b ...