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UPDATE: Deutsche Bank Initiates Coverage On The Bank of New York Mellon On Neutral Outlook

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In a report published Friday, Deutsche Bank analyst Brian Bedell initiated coverage on The Bank of New York Mellon (NYSE: BK) with a Hold rating and $34.00 price target.

In the report, Deutsche Bank noted, “We are initiating coverage of Bank of New York Mellon with a Hold Rating and $34 Price Target. For more detail, please see our industry report dated 5/22/14; ‘Trust Banks: Initiating Coverage with Hold Ratings—Still in Tough Times'.”

The Bank of New York Mellon closed on Thursday at $34.57.

Latest Ratings for BK

DateFirmActionFromTo
Aug 2019MaintainsHold
Jul 2019MaintainsNeutral
Jul 2019UpgradesUnderperformMarket Perform

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Posted-In: Brian Bedell Deutsche BankAnalyst Color Initiation Analyst Ratings

 

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