Keefe, Bruyette & Woods Downgrades Bank of New York Mellon (BK) to Underperform

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Bank of New York Mellon (BK) PT Lowered to $56 at Deutsche Bank

October 19, 2018 8:16 AM EDT

Deutsche Bank analyst Brian Bedell lowered the price target on Bank of New York Mellon (NYSE: BK) to $56.00 (from $61.00) while maintaining a Buy rating following mixed Q3.

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