Goldman Sachs Maintains Buy on Bank of New York Mellon, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein has maintained a Buy rating on Bank of New York Mellon (NYSE:BK) and raised the price target from $74 to $80.
September 26, 2024 | 12:18 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Bank of New York Mellon and increased the price target to $80, indicating a positive outlook.
The increase in price target from $74 to $80 by a reputable firm like Goldman Sachs suggests confidence in Bank of New York Mellon's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100