The Analyst Landscape: 4 Takes On Bank of New York Mellon
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have shared their insights on Bank of New York Mellon (NYSE:BK), with ratings ranging from bullish to indifferent. Analysts have set a 12-month average price target of $66.25, up 6.85% from the previous $62.00. Recent actions include rating upgrades and increased price targets from firms like Keefe, Bruyette & Woods, Jefferies, B of A Securities, and Evercore ISI Group.
June 27, 2024 | 12:00 pm
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Analysts have raised their 12-month price target for Bank of New York Mellon (NYSE:BK) to an average of $66.25, reflecting a 6.85% increase from the previous target. Recent upgrades from major firms like Keefe, Bruyette & Woods, Jefferies, B of A Securities, and Evercore ISI Group indicate a positive sentiment towards the stock.
The increase in the average price target and the recent upgrades from multiple analysts suggest a positive outlook for Bank of New York Mellon. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100