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Analysts Offer Insights on Financial Companies: Bank of New York Mellon Corporation (BK) and Unum Group (UNM)

Analysts fell to the sidelines weighing in on Bank of New York Mellon Corporation (BKResearch Report) and Unum Group (UNMResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Bank of New York Mellon Corporation (BK)

In a report released today, Alexander Blostein from Goldman Sachs maintained a Hold rating on Bank of New York Mellon Corporation, with a price target of $45.00. The company’s shares closed last Wednesday at $42.41, close to its 52-week low of $40.26.

According to TipRanks.com, Blostein is a 5-star analyst with an average return of 12.4% and a 63.0% success rate. Blostein covers the Financial sector, focusing on stocks such as Raymond James Financial, Janus Henderson Group, and Ameriprise Financial.

Currently, the analyst consensus on Bank of New York Mellon Corporation is a Moderate Buy with an average price target of $53.18, a 24.1% upside from current levels. In a report issued on June 24, Piper Sandler also maintained a Hold rating on the stock with a $48.00 price target.

See today’s best-performing stocks on TipRanks >>

Unum Group (UNM)

In a report released today, Andrew Kligerman from Credit Suisse maintained a Hold rating on Unum Group, with a price target of $21.00. The company’s shares closed last Wednesday at $34.38.

According to TipRanks.com, Kligerman is a 5-star analyst with an average return of 18.6% and a 58.4% success rate. Kligerman covers the Financial sector, focusing on stocks such as American Equity Investment Life, Fidelity National Financial, and First American Financial.

Currently, the analyst consensus on Unum Group is a Hold with an average price target of $35.56.

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