Seeking Alpha

UBS names State Street (STT +2.4%) as its top pick in its trust bank coverage, starting coverage...

UBS names State Street (STT +2.4%) as its top pick in its trust bank coverage, starting coverage with a Buy rating and $46 price target. STT has more near-term positive catalysts and is best-positioned among the group to withstand the current environment, UBS says. Also initiated at Buy: USB, BBT, STI.
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