These Analysts Boost Their Forecasts On Bank of New York Mellon After Upbeat Q4 Earnings
Bank of New York Mellon (NYSE: BK) reported better-than-expected fourth-quarter earnings and revenue, leading several analysts to raise their price targets for the stock. The company's Q4 diluted EPS beat estimates at $2.02, while total revenue increased 7% year-over-year to $5.179 billion. Analysts from Keefe, Bruyette & Woods, RBC Capital, Wells Fargo, and Morgan Stanley adjusted their price targets upwards, with ratings ranging from Outperform to Equal-Weight and Overweight.
https://www.benzinga.com/news/26/01/49915214/these-analysts-boost-their-forecasts-on-bank-of-new-york-mellon-after-upbeat-q4-earnings