Northern Trust Corp (NASDAQ:NTRS) posted better-than-expected earnings for the fourth quarter on Thursday.
The company posted adjusted EPS of $2.69, beating market estimates of $2.37. The company’s sales came in at $2.123 billion versus expectations of $2.058 billion.
Northern Trust shares fell 2.4% to trade at $149.24 on Friday.
These analysts made changes to their price targets on Northern Trust following earnings announcement.
- Evercore ISI Group analyst Glenn Schorr maintained Northern Trust with an In-Line rating and raised the price target from $142 to $155.
- Wells Fargo analyst Mike Mayo maintained the stock with an Equal-Weight rating and raised the price target from $145 to $150.
- RBC Capital analyst Gerard Cassidy maintained Northern Trust with an Outperform rating and raised the price target from $139 to $159.
Considering buying NTRS stock? Here’s what analysts think:

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