In a report released today, Mike Mayo from Wells Fargo maintained a Hold rating on Bank of New York Mellon Corporation (BK – Research Report), with a price target of $46.00. The company's shares closed last Thursday at $41.71, close to its 52-week low of $40.26. According to TipRanks.com, Mayo is a 5-star analyst with an average return of 9.6% and a 57.1% success rate. Mayo covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Fifth Third Bancorp, and Goldman Sachs Group. Currently, the analyst consensus on Bank of New York Mellon Corporation is a Moderate Buy with an average price target of $52.
https://www.tipranks.com/news/blurbs/wells-fargo-remains-a-hold-on-bank-of-new-york-mellon-corporation-bk?utm_source=advfn.com&utm_medium=referral
Bank of New York Mellon (NYSE:BK)
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