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Fly News Breaks for August 5, 2015
BK
Aug 5, 2015 | 08:50 EDT
As noted earlier, Bernstein upgraded BNY Mellon to Outperform from Market Perform. As reasons for the upgrade, the firm cited what it sees as the sustainability of the company's operational improvements, the potential for further positive EPS revisions, improving investor sentiment and valuation. Target to $56 from $50.
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