Barclays Maintains Overweight on Bank of New York Mellon, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Overweight rating on Bank of New York Mellon (NYSE:BK) and raised the price target from $75 to $86.
October 14, 2024 | 2:29 pm
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Barclays has maintained an Overweight rating on Bank of New York Mellon and increased the price target from $75 to $86, indicating a positive outlook.
The increase in price target from $75 to $86 by Barclays suggests a positive outlook for Bank of New York Mellon, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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