BANK OF NEW YORK MELLON COMPANY
(NYSE:BK)
Balfour Capital Group has issued a buy recommendation
for Bank of New York Mellon Company (BK) on October 16th, 2023.
The Bank of New York Mellon Corporation, headquartered in New York City, provides investment management, investment services, and wealth management. Formed from the 2007 merger of The Bank of New York and Mellon Financial Corporation, it is the world’s largest custodian bank with $1.8 trillion in assets under management and $45.7 trillion in custody.
Post Recommendation Price Trend Chart
- We have established a Buy recommendation at $41.54 on October 16th, 2023.
- Our designated price target stands at $85.75
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Balfour Capital Group wants to clarify that our recommendation to Buy Bank of New York Mellon Company (BK)Â is based on thorough research conducted by our dedicated teams.
We invest significant time and resources in analyzing market trends, financial data, and industry insights to provide well-informed guidance.
However, it is important to note that our recommendation does not guarantee any specific financial outcomes. The decision to act on our recommendation should be made at your discretion. Please be aware that investments carry inherent risks, and the value of investments can fluctuate, potentially resulting in financial loss.
*THIS INFORMATION IS PROVIDED FOR COMMERCIAL AND INDICATIVE PURPOSES ONLY AND MAY DIFFER FROM REALITY. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. TRADING WITH LEVERAGE INVOLVES A SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.*
