Barclays Maintains Overweight on Bank of New York Mellon, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg maintains an Overweight rating on Bank of New York Mellon (NYSE:BK) and raises the price target from $68 to $75.
July 15, 2024 | 1:09 pm
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Barclays analyst Jason Goldberg has maintained an Overweight rating on Bank of New York Mellon and increased the price target from $68 to $75.
The increase in the price target from $68 to $75 by Barclays, along with the maintained Overweight rating, suggests a positive outlook for Bank of New York Mellon. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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