Bank of New York (BK) January option implied volatility increases into Q4

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UPDATE: Bank of New York Mellon (BK) PT Cut to $64 at Deutsche Bank; 'Selloff Appears Overdone... Good Buying Opportunity'

January 19, 2018 6:53 AM EST

(Updated - January 19, 2018 6:54 AM EST)

Deutsche Bank cut its price target on Bank of New York Mellon (NYSE: BK) to $64.00 (from $66.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Brian Biedell notes an increased price... More