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Analysts’ Opinions Are Mixed on These Financial Stocks: Simmons 1st Nat’l (SFNC) and State Street (STT)

Tipranks - Tue Apr 21, 6:34AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Simmons 1st Nat’l (SFNC) and State Street (STT).

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Simmons 1st Nat’l (SFNC)

KBW analyst Wood Lay maintained a Hold rating on Simmons 1st Nat’l yesterday and set a price target of $23.00. The company’s shares closed last Friday at $21.52.

According to TipRanks.com, Lay is a 5-star analyst with an average return of 18.4% and a 90.6% success rate. Lay covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Seacoast Banking Of Florida, and Community West Bancshares. ;'>

Currently, the analyst consensus on Simmons 1st Nat’l is a Moderate Buy with an average price target of $22.60, implying a 10.4% upside from current levels. In a report issued on April 17, Piper Sandler also maintained a Hold rating on the stock with a $22.00 price target.

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State Street (STT)

In a report released today, David Konrad from KBW maintained a Buy rating on State Street, with a price target of $175.00. The company’s shares closed last Friday at $145.43.

According to TipRanks.com, Konrad is a 5-star analyst with an average return of 24.8% and a 82.0% success rate. Konrad covers the Financial sector, focusing on stocks such as Beacon Financial Corporation, Peapack-Gladstone Financial, and Metropolitan Bank Holding. ;'>

Currently, the analyst consensus on State Street is a Moderate Buy with an average price target of $154.94, representing a 7.0% upside. In a report issued on April 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $162.00 price target.

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