Bank Of New York Mellon’s Differentiated Business Mix And NII Growth Signal Upside: Goldman Sachs

The Bank of New York Mellon Corporation (NYSE:BK) shares are trading slightly lower on Thursday. Yesterday, the company reported fourth-quarter 2024 results. The finance behemoth reported fourth-quarter adjusted earnings per share of $1.72 (+33% YoY), beating the street view of $1.56. Here are some analysts’ take on the stock: Goldman Sachs analyst Alexander Blostein reiterated the Buy rating on the stock, raising the price forecast to $96 from $91. Keefe, Bruyette & Woods analyst David Konrad m