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Bank of New York Mellon Corp (NYSE:BK) gets downgraded to Sell by Keefe, Bruyette & Woods with a price target of $49.00

Analyst Ratings For Bank of New York Mellon Corp (NYSE:BK)

Today, Bank of New York Mellon Corp (NYSE:BK) stock was downgraded by Keefe, Bruyette & Woods from Market Perform to Sell with a price target of $49.00.

There are 7 Hold Ratings, 5 Buy Ratings, 3 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Bank of New York Mellon Corp (NYSE:BK) is Hold with a consensus target price of $58.1250 per share, a potential 21.63% upside.

Some recent analyst ratings include

Recent Insider Trading Activity For Bank of New York Mellon Corp (NYSE:BK)
Bank of New York Mellon Corp (NYSE:BK) has insider ownership of 1.76% and institutional ownership of 83.47%.

About Bank of New York Mellon Corp (NYSE:BK)
The Bank of New York Mellon Corporation provides a range of financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. The company operates through two segments, Investment Management and Investment Services. It offers investment management, custody, foreign exchange, fund broker-dealer, collateral and liquidity, clearing, corporate trust, global payment, trade finance, and cash management services, as well as securities finance and depositary receipts. The company also provides mutual funds, separate accounts, and wealth management and private banking services; and trust and registered investment advisory services. In addition, it engages in leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit activities. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

Recent Trading Activity for Bank of New York Mellon Corp (NYSE:BK)
Shares of Bank of New York Mellon Corp closed the previous trading session at 47,79 −1,34 2,73 % with 48.31 shares trading hands.

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