BNY’s Transformation ‘Continues to Deliver Strong Results,’ Analyst Says After Q3 Beat
BNY shares rise after Q3 beat: revenue grew 12% to $5.68B, EPS rose 24% to $2.34, margins expanded. Analyst cites solid execution.
Stocks · News reference
Truist Securities analyst David Smith maintains Bank of New York Mellon (NYSE:BNY) with a Buy and lowers the price target from $172 to $165.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
BNY shares rise after Q3 beat: revenue grew 12% to $5.68B, EPS rose 24% to $2.34, margins expanded. Analyst cites solid execution.
Bank of New York Mellon (NYSE:BNY) reported third-quarter financial results on Thursday. The transcript from the company's third-quarter earnings call has been provided below. This content is powered by Benzinga