EF Hutton analyst Constantine Davides maintains Electromed (AMEX:ELMD) with a Buy and raises the price target from $13.5 to $15.
Why Did State Street’s Stock Rally Despite Weaker Earnings?
- EPS was down 8% y-o-y.
- Total revenue fell by 4%, to $3 billion, and down 1% ex adjustments. Fee revenues were down 6% due to lower equity and fixed income. FX trading partially offset the lower fees.
- Expenses were largely flat for the year at $2.1 billion.
