Northern Trust (NTRS) stock outlook amid rising targets for 2023

Northern Trust (NTRS) has seen an increase in stock price targets by analysts amid a favorable economic outlook. Recent reports indicate an average target price of $95, reflecting a potential upside of 15% from current levels. The company's strong fundamentals, including a stable P/E ratio of 14.5, position it well within the financial sector. This rise in target prices is crucial as it may influence investor sentiment and drive trading volumes in the short term.