Wells Fargo raised the firm’s price target on BNY Mellon (BK) to $100 from $96 and keeps an Equal Weight rating on the shares. The firm notes BNY reported a solid core beat in Q2, reflecting good top-line growth, improving organic fee growth, and positive operating leverage. Wells increased estimates and price target to reflect better results this quarter and improving trends.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BK:
- BNY Mellon’s Strong Financial Performance and Strategic Initiatives Justify Buy Rating
- BNY’s Strong Potential for Outperformance: Buy Rating Backed by Asset-Light Model, Strategic Flexibility, and Effective Management
- BNY Mellon Reports Strong Q2 2025 Earnings Growth
- BNY Mellon’s Robust Q2 Earnings Call Highlights
- BNY Mellon price target raised to $100 from $96 at Wells Fargo