Deutsche Bank Maintains Hold on Bank of New York Mellon, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Bedell maintains a Hold rating on Bank of New York Mellon (NYSE:BK) and raises the price target from $61 to $63.
July 15, 2024 | 4:44 pm
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Deutsche Bank analyst Brian Bedell maintains a Hold rating on Bank of New York Mellon and raises the price target from $61 to $63.
The raised price target from $61 to $63 by Deutsche Bank suggests a positive outlook for Bank of New York Mellon, which could lead to a short-term increase in stock price. However, the Hold rating indicates a cautious stance, limiting the potential upside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100