BNY Mellon (BK) Price Targets Raised by KBW and RBC Capital

The Bank of New York Mellon Corporation (NYSE:BK) is one of the 11 Most Profitable Cheap Stocks to Invest In Now. On January 14, Keefe, Bruyette & Woods increased its price target on The Bank of New York Mellon Corporation (NYSE:BK) from $132 to $143 and kept its Outperform rating. The research firm highlighted The Bank of New York Mellon Corporation’s (NYSE:BK) strong performance in its recent quarter and pointed to the new medium-term profitability targets. These include a pre-tax margin of 38% or more ...