JP Morgan Overweight on BNY Mellon (BK) with a Target Price of $128.50

The Bank of New York Mellon Corporation (NYSE:BK) is one of the 10 Best Bank Stocks to Buy in 2026. JPMorgan raised its target price on BNY Mellon by 2.8% to $128.50 (from $125.00), while reiterating the firm’s Overweight call on the stock. This TP update comes as the firm updated its financial models for large-cap banks, following the release of Q4 2025 earnings. In its other bank TP updates, the firm noted that it prefers the banking sector for this market cycle. BNY Mellon released its Q4 2025 on Jan ...