What 13 Analyst Ratings Have To Say About Bank of New York Mellon
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Bank of New York Mellon (NYSE:BK) over the past three months, with a recent increase in average price targets. The bank's financial performance shows growth in revenue but challenges in profitability and returns.
October 07, 2024 | 6:00 pm
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Bank of New York Mellon has received mixed analyst ratings, with recent upgrades in price targets. Despite revenue growth, the bank faces challenges in profitability and returns, which may affect investor sentiment.
The article highlights mixed analyst ratings for BK, with several analysts raising their price targets. This suggests a positive outlook on the stock's potential, but the bank's financial metrics indicate challenges in profitability and returns, which could temper investor enthusiasm.
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