Keefe Bruyette raised the firm’s price target on BNY Mellon (BK) to $143 from $132 and keeps an Outperform rating on the shares. Momentum continues to build after another strong quarter, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BK:
- BNY Mellon: High-Quality, AI-Enabled Franchise Trading at a Discount With Upside to Earnings and Returns
- BNY Mellon (BK) Earnings Call Signals Higher Ambitions
- Midday Fly By: JPMorgan reports mixed Q4, L3Harris to form new missile company
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Morning Movers: L3Harris Technologies jumps after DoW investment