Morgan Stanley Downgrades Bank of New York Mellon (BK) to Underweight
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Price: $137.16 --0%
Rating Summary:
19 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
19 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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Morgan Stanley downgraded Bank of New York Mellon (NYSE: BK) from Equal Weight to Underweight.
The downgrade was the part of a broader call on U.S. Large Cap banks, which were cut to In-Line at Morgan Stanley on Euro worries and slower 2013 U.S. growth.
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.
Shares of Bank of New York Mellon closed at $17.70 yesterday.
The downgrade was the part of a broader call on U.S. Large Cap banks, which were cut to In-Line at Morgan Stanley on Euro worries and slower 2013 U.S. growth.
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.
Shares of Bank of New York Mellon closed at $17.70 yesterday.
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