Keefe, Bruyette & Woods Reiterates Outperform on Bank of New York Mellon, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad has reiterated an Outperform rating on Bank of New York Mellon (NYSE:BK) and raised the price target from $70 to $75.
July 15, 2024 | 1:29 pm
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Keefe, Bruyette & Woods analyst David Konrad has reiterated an Outperform rating on Bank of New York Mellon and raised the price target from $70 to $75.
The reiteration of an Outperform rating and the increase in the price target from $70 to $75 by a reputable analyst is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100