JP Morgan Maintains Overweight on Bank of New York Mellon, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Vivek Juneja has maintained an Overweight rating on Bank of New York Mellon (NYSE:BK) and raised the price target from $69 to $77.
October 07, 2024 | 5:57 pm
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JP Morgan has reaffirmed its Overweight rating on Bank of New York Mellon and increased the price target to $77, indicating a positive outlook.
The increase in price target from $69 to $77 by JP Morgan suggests a positive outlook for Bank of New York Mellon, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100