BNY Decreases Prime Lending Rate to 8.0%
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- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil heads for weekly gain as US-Iran fighting resumes; diesel hits record high
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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Bank of New York Mellon (BK) PT Raised to $70 at Citi
September 19, 2024 5:23 AM EDTCiti analyst Keith Horowitz raised the price target on Bank of New York Mellon (NYSE: BK) to $70.00 (from $65.00) while maintaining a Neutral rating.
The analyst comments "We are refreshing our BK model including revised rates forecast and updated management commentary at a... More

