Northern Trust Corp (NASDAQ:NTRS) reported upbeat earnings for the third quarter on Wednesday.

The company posted quarterly earnings of $3.40 per share which beat the analyst consensus estimate of $2.84 per share. The company reported quarterly sales of $2.294 billion which beat the analyst consensus estimate of $2.261 billion.

Northern Trust shares fell 1.4% to trade at $164.64 on Thursday.

These analysts made changes to their price targets on Northern Trust following earnings announcement.

• Barclays analyst Jason Goldberg maintained the stock with an Equal-Weight rating and raised the price target from $189 to $194.
• Morgan Stanley analyst Betsy Graseck maintained the stock with an Underweight rating and raised the price target from $173 to $177.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.