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Morgan Stanley upgrades Northern Trust Corp (NTRS) rating to an Equal-weight

Northern Trust Corp’s filing revealed that its Executive Vice President South Thomas A unloaded Company’s shares for reported $0.43 million on Feb 19 ’25. In the deal valued at $113.00 per share,3,804 shares were sold. As a result of this transaction, South Thomas A now holds 81,794 shares worth roughly $8.95 million.

Then, Thomas A. South bought 3,804 shares, generating $455,240 in total proceeds.

Before that, Landers John sold 900 shares. Northern Trust Corp shares valued at $100,296 were divested by the Controller at a price of $111.44 per share. As a result of the transaction, Landers John now holds 7,640 shares, worth roughly $0.84 million.

Morgan Stanley upgraded its Northern Trust Corp [NTRS] rating to an Equal-weight from a an Underweight in a research note published on December 09, 2024; the price target was increased to $127 from $103. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in late September from “a Neutral” to “a Sell”. Morgan Stanley also remained covering NTRS and has decreased its forecast on January 30, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. Jefferies revised its rating on January 09, 2024. It rated NTRS as “a Buy” which previously was an “a Hold”.

Price Performance Review of NTRS

On Monday, Northern Trust Corp [NASDAQ:NTRS] saw its stock fall -0.74% to $109.40. Over the last five days, the stock has lost -3.03%. Northern Trust Corp shares have risen nearly 6.73% since the year began. Nevertheless, the stocks have risen 34.33% over the past one year. While a 52-week high of $114.67 was reached on 02/07/25, a 52-week low of $79.30 was recorded on 01/13/25. SMA at 50 days reached $107.85, while 200 days put it at $95.84.

Levels Of Support And Resistance For NTRS Stock

The 24-hour chart illustrates a support level at 108.04, which if violated will result in even more drops to 106.68. On the upside, there is a resistance level at 111.34. A further resistance level may holdings at 113.28. The Relative Strength Index (RSI) on the 14-day chart is 45.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.09%. Stochastics %K at 19.41% indicates the stock is a buying.

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