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Argus
•
Apr 21, 2026
State Street Corporation: Boosting target price amid raised revenue guidance
Sector(s)
Financial Services
Summary
State Street is one of the world's largest custody banks and, through State Street Global Advisors (SSGA), provides asset-management products and services. Custody clients include mutual fund companies and other investment managers, corporations, public pension funds, unions, and nonprofit organizations. State Street provides custody and management of customers' assets; accounting, daily pricing, and administration of their funds; the information and analytical tools that help clients make investment decisions; and the foreign-exchange
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Analyst Profile
Stephen Biggar
Director of Financial Institutions Research
Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.


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