Citigroup Maintains Buy on Bank of New York Mellon, Raises Price Target to $58
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Keith Horowitz maintains a Buy rating on Bank of New York Mellon (NYSE:BK) and raises the price target from $55 to $58.
June 14, 2023 | 3:57 pm
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Citigroup analyst Keith Horowitz maintains a Buy rating on Bank of New York Mellon and raises the price target from $55 to $58.
The news of Citigroup maintaining a Buy rating and raising the price target for Bank of New York Mellon (NYSE:BK) from $55 to $58 is positive for the stock. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. As a result, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100