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state street reports strong revenue growth and insider stock sales
State Street Corporation reported a 21.1% year-over-year increase in quarterly revenue, with earnings per share of $2.26, surpassing estimates. Insider transactions included EVP John Plansky selling 13,859 shares and Kathryn M. Horgan selling 12,500 shares, reflecting significant decreases in their holdings. Analysts maintain a "Hold" rating on the stock, with a consensus price target of $92.11.
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