Truist raised the firm’s price target on BNY Mellon (BK) to $136 from $134 and keeps a Buy rating on the shares after its Q4 results. The firm is boosting its FY27 EPS view by 15c to $9.55 on expectation of stronger net interest income and fees, slightly offset with higher expenses and lower share repurchases, the analyst tells investors in a research note.
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