RBC Capital Reiterates Sector Perform on Bank of New York Mellon, Maintains $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has reiterated a Sector Perform rating for Bank of New York Mellon (NYSE:BK) and maintained a price target of $79.
October 14, 2024 | 2:47 pm
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RBC Capital has reiterated its Sector Perform rating for Bank of New York Mellon, maintaining a price target of $79. This suggests a neutral outlook on the stock.
The reiteration of a Sector Perform rating and maintenance of the $79 price target by RBC Capital indicates a neutral stance on Bank of New York Mellon. This suggests that the stock is expected to perform in line with the sector, and there are no significant changes in the analyst's outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100