Barclays analyst Jason Goldberg raised the firm’s price target on BNY Mellon (BK) to $104 from $102 and keeps an Overweight rating on the shares. The bank’s Q4 earnings were ahead as net interest income was significantly above forecasts, the analyst tells investors in a research note.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BK:
- BNY Mellon price target raised to $98 from $94 at Deutsche Bank
- BNY Mellon Reports Strong Q4 2024 Earnings
- Here’s what Wall St. experts are saying about these banks ahead of earnings
- Big banks report Q4 beats, QXO proposes to buy Beacon: Morning Buzz
- S&P 500 Rockets Alongside Easing December CPI Inflation Data