Morgan Stanley analyst Betsy Graseck downgraded BNY Mellon to Underweight from Equal Weight with a $42 price target. The analyst sees risk of continued deposit outflows.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on BK: