Citigroup Initiates State Street At Buy

Analysts at Citigroup initiated coverage on shares of State Street

with a Buy rating. The target price for State Street is set to $90. State Street shares have gained 10.80% over the past 52 weeks, while the S&P 500 index has surged 17.13% in the same period. State Street's shares fell 0.71% to close at $73.94 yesterday.