Key Takeaways From Bank of New York Mellon Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Bank of New York Mellon (NYSE:BK) in the latest quarter, with a notable increase in price targets. The average 12-month price target is now $67.4, up from $64.00. Analysts' ratings range from 'Hold' to 'Buy', reflecting varied expectations for the company's performance.
July 15, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have provided mixed ratings for Bank of New York Mellon (NYSE:BK) in the latest quarter, with a notable increase in price targets. The average 12-month price target is now $67.4, up from $64.00. Analysts' ratings range from 'Hold' to 'Buy', reflecting varied expectations for the company's performance.
The increase in the average price target to $67.4 from $64.00 indicates a positive outlook from analysts. The range of ratings from 'Hold' to 'Buy' suggests varied expectations, but the overall sentiment appears to be leaning towards a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100