Bank of New York Mellon (BK) Shares Downgraded to Neutral at JPMorgan
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Price: $57.18 --0%
Rating Summary:
14 Buy, 10 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 1
Rating Summary:
14 Buy, 10 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 1
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Shares of Bank of New York Mellon (NYSE: BK) dipped lower in mid-day trade Tuesday following an intraday downgrade from JPMorgan's Vivek Juneja.
The firm now rates the bank a Neutral, down from Overweight previously. Juneja's price target was reduced from $31 to $26.
Bank of New York Mellon shares are now off session lows despite the downgrade. The stock last traded at $20.49, down 0.3 percent from Monday's closing price.
For an analyst ratings summary and ratings history on Bank of New York Mellon click here. For more ratings news on Bank of New York Mellon click here.
The firm now rates the bank a Neutral, down from Overweight previously. Juneja's price target was reduced from $31 to $26.
Bank of New York Mellon shares are now off session lows despite the downgrade. The stock last traded at $20.49, down 0.3 percent from Monday's closing price.
For an analyst ratings summary and ratings history on Bank of New York Mellon click here. For more ratings news on Bank of New York Mellon click here.
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