Deutsche Bank Maintains Hold on Bank of New York Mellon, Raises Price Target to $66
Portfolio Pulse from vivek@benzinga.com
Deutsche Bank analyst Brian Bedell maintains a Hold rating on Bank of New York Mellon (NYSE:BK) and raises the price target from $63 to $66.
August 15, 2024 | 5:44 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 $63 to $66.
The raised price target from $63 to $66 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, balancing the positive impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100