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The Bank of New York Mellon Corporation (NYSE:BK) Receives Consensus Recommendation of "Moderate Buy" from Analysts
The Bank of New York Mellon Corporation (NYSE:BK) has received a consensus “Moderate Buy” rating from twelve analysts, with an average 12-month price target of $131.92. Several firms recently raised their price targets for the stock, which is currently trading around $120.52. The company reported $1.91 EPS and $5.07 billion in revenue for its last quarter and pays a quarterly dividend of $0.53.