In a report released yesterday, Glenn Schorr from Evercore ISI maintained a Hold rating on BNY Mellon (BK – Research Report), with a price target of $50.00. The company's shares closed last Tuesday at $46.52, close to its 52-week low of $44.99. According to TipRanks.com, Schorr is a 4-star analyst with an average return of 5.9% and a 52.1% success rate. Schorr covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Apollo Global Management, and JPMorgan Chase & Co. Currently, the analyst consensus on BNY Mellon is a Moderate Buy with an average price target of $56.83, a 22.7% upside from current levels.
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