Morgan Stanley Upgrades Bank of New York Mellon to Equal-Weight, Raises Price Target to $62

Bank of New York Mellon Corporation +1.41%

Bank of New York Mellon Corporation

BK

108.52

+1.41%

Morgan Stanley analyst Betsy Graseck upgrades Bank of New York Mellon (NYSE: BK) from Underweight to Equal-Weight and raises the price target from $52 to $62.
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