CORDA Investment Management offloads over 22k shares of
The Bank of New York Mellon Corporation (BNY), yet the company remains popular amongst institutional owners who possess 89% of it. In other financial news,
Bank of New York Mellon stocks have been upgraded to 'buy'. Several organizations, such as Longbow Finance and Versor, have heavily invested in the corporation.
BNY's solid earnings growth confirms its position as a strong financial player, while the Eliza AI platform enhancement signals its capacity to integrate advanced tech solutions. BNY’s Q4 results exceeded estimates, which led to an upsurge in share prices.
Bank of New York Mellon also issued $1.25B in notes, and declares regular dividends, bolstering the company's financial strength. A consensus price target of $88.00 was set by analysts for BNY stocks. The future prospects seem promising, as the corporation is expected to produce double-digit annual earnings per share growth. However, it was downgraded to 'hold' by StockNews.com despite several buy advises.
Bank of New York Mellon Corporation BK News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 20:42:08 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor -2
