Evercore ISI Group Maintains In-Line on Bank of New York Mellon, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Glenn Schorr maintains an In-Line rating on Bank of New York Mellon (BK) and raises the price target from $57 to $61.
April 04, 2024 | 4:31 pm
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Evercore ISI Group raises the price target for Bank of New York Mellon from $57 to $61 while maintaining an In-Line rating.
The increase in the price target by Evercore ISI Group suggests a positive outlook on the stock's future performance, potentially leading to a short-term increase in its stock price. The In-Line rating indicates that the stock is expected to perform in line with the market or its sector, suggesting stability.
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IMPORTANCE 80
RELEVANCE 100