UPDATE: Jefferies Raises PT on Northern Trust Corporation on Estimate Change
April 05, 2013 at 12:33 PM EDT
In a report published Friday, Jefferies analyst Ken Usdin reiterated a Hold rating on Northern Trust Corporation (NASDAQ: NTRS ), and raised the price target from $51.00 to $53.00. In the report, Usdin noted, “Our estimate is a penny below 4Q12, as a normalized tax rate (33% vs. 25% last
