Morgan Stanley Maintains Equal-Weight on Bank of New York Mellon, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Equal-Weight rating on Bank of New York Mellon (NYSE:BK) and raises the price target from $63 to $65.
July 15, 2024 | 12:40 pm
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Morgan Stanley has maintained its Equal-Weight rating on Bank of New York Mellon and raised the price target from $63 to $65.
The raised price target from $63 to $65 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100