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BNY Mellon (BK) Shares Lower Amid Sandler O'Neill Downgrade

April 4, 2012 10:49 AM EDT
Get Alerts BK Hot Sheet
Price: $57.16 +1.55%

Rating Summary:
    14 Buy, 10 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 8 | New: 36
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Shares of Bank of New York Mellon (NYSE: BK) are down more than 3 percent Wednesday morning on the heels of a downgrade from Sandler O'Neill's Jeffery Harte.

The analyst now rates BNY Mellon shares a Hold, down from Buy previously. Harte's price target was raised from $25 to $27.

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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