Citigroup Maintains Neutral on Bank of New York Mellon, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz maintains a Neutral rating on Bank of New York Mellon (NYSE:BK) but raises the price target from $65 to $70.
September 19, 2024 | 3:34 pm
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Citigroup analyst Keith Horowitz maintains a Neutral rating on Bank of New York Mellon but raises the price target from $65 to $70, indicating a positive outlook.
The increase in price target from $65 to $70 suggests a positive outlook for Bank of New York Mellon, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
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IMPORTANCE 80
RELEVANCE 100