Bank of New York (BK) Reports In-Line Q1 EPS

Go back to Bank of New York (BK) Reports In-Line Q1 EPS

Rafferty Capital Reiterates Buy Rating and $53 PT on Bank of New York (BK) Following 1Q EPS Print Above Estimates; 'Outlook Remains Positive'

April 24, 2017 11:09 AM EDT

Rafferty Capital reiterates Buy rating and $53 price target on Bank of New York Mellon (NYSE: BK), following the company's first quarter earnings report.

Analyst Richard Bove notes the company reported EPS above estimates, despite a decrease in net interest margin suggesting depositors at... More