JP Morgan Downgrades State Street To Underweight

Analysts at JP Morgan downgraded State Street Corporation STT from Neutral to Underweight. The price target for State Street has been lowered from $76.50 to $72. State Street shares have climbed 9.58% over the past 52 weeks, while the S&P 500 index has gained 11.87% in the same period. State Street's shares fell 0.61% to close at $74.67 yesterday.