Navigating 10 Analyst Ratings For Bank of New York Mellon
Portfolio Pulse from Benzinga Insights
In the past three months, 10 analysts have provided ratings for Bank of New York Mellon (NYSE:BK), ranging from bullish to bearish. The average 12-month price target has increased by 6.44% to $67.8. Analysts have generally raised their price targets, reflecting a positive outlook despite some financial performance challenges.
August 15, 2024 | 7:00 pm
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Analysts have generally raised their price targets for Bank of New York Mellon, with the average 12-month target now at $67.8, reflecting a 6.44% increase. This suggests a positive short-term outlook despite some financial performance challenges.
The increase in average price targets by analysts indicates a positive sentiment towards Bank of New York Mellon's stock. Despite some financial performance metrics lagging behind industry averages, the overall analyst outlook is optimistic, which is likely to have a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100