In a report issued on April 1, Ken Usdin from Jefferies maintained a Buy rating on BNY Mellon (BK – Research Report), with a price target of $57.00. The company's shares closed last Thursday at $47.29, close to its 52-week low of $45.80. According to TipRanks.com, Usdin is a top 100 analyst with an average return of 20.7% and a 66.7% success rate. Usdin covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Huntington Bancshares. BNY Mellon has an analyst consensus of Moderate Buy, with a price target consensus of $60.08, which is a 24.0% upside from current levels.
https://www.tipranks.com/news/blurbs/jefferies-thinks-bny-mellons-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Bank of New York Mellon (NYSE:BK)
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