Truist Securities Maintains Buy on Bank of New York Mellon, Lowers Price Target to $165
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.
Stocks · News reference
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.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Shares of banks and financial services companies are trading higher as Treasury yields retreat and investors rotate out of AI-exposed stocks into sectors with more established cash flows and dividend prospects.
Full Transcript: Bank of New York Mellon Q3 2026 Earnings Call
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