Morgan Stanley Maintains Equal-Weight on Bank of New York Mellon, Raises Price Target to $72
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 $65 to $72.
July 30, 2024 | 2:42 pm
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Morgan Stanley analyst Betsy Graseck maintains an Equal-Weight rating on Bank of New York Mellon and raises the price target from $65 to $72.
The raised price target from $65 to $72 by a reputable analyst at Morgan Stanley is likely to have a positive short-term impact on Bank of New York Mellon's stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100