Jefferies analyst Ken Usdin maintained a Buy rating on Bank of New York Mellon Corporation (BK – Research Report) on July 18 and set a price target of $48.00. The company's shares closed last Tuesday at $42.11, close to its 52-week low of $39.78. According to TipRanks.com, Usdin is a top 100 analyst with an average return of 17.7% and a 63.3% success rate. Usdin covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Huntington Bancshares. Currently, the analyst consensus on Bank of New York Mellon Corporation is a Moderate Buy with an average price target of $49.04, representing a 14.9% upside.
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Bank of New York Mellon (NYSE:BK)
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