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Bank of New York Mellon (BK) PT Raised to $66 at BofA Securities

April 17, 2024 5:15 AM EDT

BofA Securities analyst Ebrahim Poonawala raised the price target on Bank of New York Mellon (NYSE: BK) to $66.00 (from $64.00) while maintaining a Buy rating.

The analyst comments "BNY Mellon (BK) shares outperformed trust bank peers after reporting better-than-expected 1Q24 core EPS $1.29 vs $1.21/$1.18 BofAe/consensus... More