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Initiation
BNY Mellon initiated with a Buy at Seaport Global » 06:57
07/08/20
07/08
06:57
07/08/20
06:57
BK

BNY Mellon

$37.77 /

-0.78 (-2.02%)

Seaport Global analyst…

Seaport Global analyst Jim Mitchell initiated coverage of BNY Mellon with a Buy rating and $51 price target. BNY Mellon has less exposure to equity markets and greater exposure to processing volumes than other trust banks, which should allow it to whether economic and market storms better than its peers, Mitchell contends.

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BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

07/08/20 Jefferies
BNY Mellon upgraded to Buy on positive EPS revisions at Jefferies
07/08/20 Jefferies
BNY Mellon upgraded to Buy from Hold at Jefferies
06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

Upgrade
BNY Mellon upgraded to Buy on positive EPS revisions at Jefferies » 06:33
07/08/20
07/08
06:33
07/08/20
06:33
BK

BNY Mellon

$37.77 /

-0.78 (-2.02%)

As previously reported,…

As previously reported, Jefferies analyst Ken Usdin upgraded BNY Mellon to Buy from Hold with a price target of $45, up from $40. He sees trust banks as a play on markets recovering faster than the economy, adding that the 15%-20% rise in global stock prices and 3% plus move in bonds during Q2 leads to upward EPS revisions.

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BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

07/08/20 Jefferies
BNY Mellon upgraded to Buy from Hold at Jefferies
06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

Hot Stocks
BNY Mellon, Deutsche Bank collaborate on new API-enabled FX solution » 05:28
07/08/20
07/08
05:28
07/08/20
05:28
BK

BNY Mellon

$37.77 /

-0.78 (-2.02%)

, DB

Deutsche Bank

$9.82 /

-0.125 (-1.26%)

BNY Mellon (BK) and…

BNY Mellon (BK) and Deutsche Bank (DB) said in a release, the companies "have jointly developed a new API-enabled foreign-exchange, or FX, solution that can dramatically improve confirmation times for restricted emerging-market currency trades. The digital solution, initially being applied to custody FX transactions in Korean Won, aims to reduce the pre-trade lifecycle to seconds from hours, minimizing the operational burden and manual intervention that can be prevalent in emerging-market custody FX. The solution is already live in Korea, with the Indonesian Rupiah and the Indian Rupee targeted next. Subsequently, it will be progressively rolled out to a broad range of restricted currencies, which are linked to investors' underlying equity or fixed-income transactions. Leveraging existing bots between the two banks for instantaneous communication to help eliminate market frictions, the solution can also bring trade remediation closer to the time of execution. The resulting benefits can also reduce price slippage for clients between the FX leg of a transaction and the equity or fixed-income security trade. Digital innovation in FX markets is accelerating in emerging markets, particularly in Asia, because securities denominated in those currencies are increasingly being included--or more heavily weighted--in emerging-market indices and exchange-traded funds, or ETFs."

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DB Deutsche Bank
$9.82 /

-0.125 (-1.26%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

07/08/20 Jefferies
BNY Mellon upgraded to Buy from Hold at Jefferies
06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
DB Deutsche Bank
$9.82 /

-0.125 (-1.26%)

07/02/20
Fly Intel: Top five analyst downgrades
07/01/20 Societe Generale
Deutsche Bank downgraded to Sell from Hold at Societe Generale
06/16/20 Barclays
Deutsche Bank price target raised to EUR 4 from EUR 3.50 at Barclays
06/16/20 JPMorgan
Deutsche Bank price target raised to EUR 7 from EUR 6.30 at JPMorgan
DB Deutsche Bank
$9.82 /

-0.125 (-1.26%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

DB Deutsche Bank
$9.82 /

-0.125 (-1.26%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

DB Deutsche Bank
$9.82 /

-0.125 (-1.26%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

DB Deutsche Bank
$9.82 /

-0.125 (-1.26%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

Upgrade
BNY Mellon upgraded to Buy from Hold at Jefferies » 04:45
07/08/20
07/08
04:45
07/08/20
04:45
BK

BNY Mellon

$37.77 /

-0.78 (-2.02%)

Jefferies analyst Kenneth…

Jefferies analyst Kenneth Usdin upgraded BNY Mellon to Buy from Hold with a $45 price target.

ShowHide Related Items >><<
BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

BK BNY Mellon
$37.77 /

-0.78 (-2.02%)

Tuesday
Hot Stocks
BNY Mellon: Mitchell Harris to retire as CEO of BNY Mellon Investment Management » 08:31
07/07/20
07/07
08:31
07/07/20
08:31
BK

BNY Mellon

$38.55 /

+0.61 (+1.61%)

The Bank of New York…

The Bank of New York Mellon announced that Mitchell Harris, CEO of BNY Mellon Investment Management, which includes the Wealth and Investment Management businesses, has announced his intention to retire effective October 1. The company has appointed Hanneke Smits as CEO of BNY Mellon Investment Management, and Catherine Keating will continue in her role as CEO of BNY Mellon Wealth Management. Both Smits and Keating, leading their respective parts of the Investment and Wealth Management business, will report Todd Gibbons, CEO of BNY Mellon, and Ms. Smits will join BNY Mellon's Executive Committee.

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BK BNY Mellon
$38.55 /

+0.61 (+1.61%)

BK BNY Mellon
$38.55 /

+0.61 (+1.61%)

06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
BK BNY Mellon
$38.55 /

+0.61 (+1.61%)

BK BNY Mellon
$38.55 /

+0.61 (+1.61%)

BK BNY Mellon
$38.55 /

+0.61 (+1.61%)

BK BNY Mellon
$38.55 /

+0.61 (+1.61%)

Over a week ago
Hot Stocks
BNY Mellon announces collaboration with Early Warning Services » 08:05
07/02/20
07/02
08:05
07/02/20
08:05
BK

BNY Mellon

$37.57 /

-1.09 (-2.82%)

BNY Mellon announced a…

BNY Mellon announced a collaboration with risk and payments solution provider Early Warning Services. Through this agreement, BNY Mellon will deliver real-time account validation services to clients, and offer the flexibility to tailor a solution to meet clients' individual needs- whether through BNY Mellon directly, or through one of its Private Label Bank relationships.

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BK BNY Mellon
$37.57 /

-1.09 (-2.82%)

BK BNY Mellon
$37.57 /

-1.09 (-2.82%)

06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
BK BNY Mellon
$37.57 /

-1.09 (-2.82%)

BK BNY Mellon
$37.57 /

-1.09 (-2.82%)

BK BNY Mellon
$37.57 /

-1.09 (-2.82%)

BK BNY Mellon
$37.57 /

-1.09 (-2.82%)

Conference/Events
Morningstar and BNY Mellon to hold a virtual conference » 09:01
06/30/20
06/30
09:01
06/30/20
09:01
BK

BNY Mellon

$36.94 /

+0.62 (+1.71%)

, SQM

SQM

$26.25 /

+0.4 (+1.55%)

Global Equity Virtual…

Global Equity Virtual Conference 2020 will be held on June 30.

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SQM SQM
$26.25 /

+0.4 (+1.55%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
SQM SQM
$26.25 /

+0.4 (+1.55%)

05/21/20 Scotiabank
SQM downgraded to Underperform from Sector Perform at Scotiabank
05/12/20 Citi
SQM assumed with a Neutral at Citi
04/05/20 BMO Capital
Livent upgraded to Market Perform from Underperform at BMO Capital
04/02/20 BMO Capital
SQM price target lowered to $25 from $30 at BMO Capital
BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

  • 02
    Jul
SQM SQM
$26.25 /

+0.4 (+1.55%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

SQM SQM
$26.25 /

+0.4 (+1.55%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

Hot Stocks
BNY Mellon announces Stress Capital Buffer of 2.5% effective October 1st » 18:05
06/29/20
06/29
18:05
06/29/20
18:05
BK

BNY Mellon

$36.94 /

+0.62 (+1.71%)

BNY Mellon announced that…

BNY Mellon announced that the Federal Reserve has notified the company that its Stress Capital Buffer, or SCB, requirement will be 2.5%, equal to the regulatory minimum, effective as of October 1, 2020. Additionally, on June 25, 2020, the Federal Reserve released the results of the 2020 Dodd-Frank Act Stress Test, which demonstrate the "resiliency and strength of BNY Mellon's business model and capital position." The company states that it "intends to maintain its quarterly cash dividend on common stock of 31c per share and will not conduct open market common stock repurchases during the third quarter of 2020 and will resume common share repurchase program as early as possible."

ShowHide Related Items >><<
BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

BK BNY Mellon
$36.94 /

+0.62 (+1.71%)

Periodicals
Bank dividends facing manageable stresses, Barron's says » 10:41
06/27/20
06/27
10:41
06/27/20
10:41
STT

State Street

$60.51 /

-3.68 (-5.73%)

, BK

BNY Mellon

$36.32 /

-1.86 (-4.87%)

, BAC

Bank of America

$23.15 /

-1.57 (-6.35%)

, MS

Morgan Stanley

$47.06 /

-1.73 (-3.55%)

, GS

Goldman Sachs

$189.09 /

-18.28 (-8.82%)

, COF

Capital One

$61.13 /

-5.99 (-8.92%)

, WFC

Wells Fargo

$25.35 /

-2.01 (-7.35%)

The Federal…

The Federal Reserve's latest stress tests showed that big U.S. banks should survive the worst COVID-19 scenarios, Alexandra Scaggs writes in this week's edition of Barron's. Late on Thursday, the Fed, citing the high level of uncertainty surrounding the coronavirus pandemic and economic recovery, voted 4-to-1 to cap the amount of capital banks can pay out to their common-stock investors in the third quarter. Buybacks are halted through at least the end of September, and bank common-stock dividends are capped at an average of the past four quarters' earnings, the author notes. The new dividend limit could be bad news for Wells Fargo (WFC) and Capital One Financial (COF), with Goldman Sachs (GS) also being dealt an outsized blow by the stress-test results. On the flip side, Bank of America (BAC), Bank of New York Mellon (BK), Morgan Stanley (MS), and State Street (STT) all have plenty of room to keep paying dividends based on the past year's earnings.Reference Link

ShowHide Related Items >><<
WFC Wells Fargo
$25.35 /

-2.01 (-7.35%)

STT State Street
$60.51 /

-3.68 (-5.73%)

MS Morgan Stanley
$47.06 /

-1.73 (-3.55%)

GS Goldman Sachs
$189.09 /

-18.28 (-8.82%)

COF Capital One
$61.13 /

-5.99 (-8.92%)

BK BNY Mellon
$36.32 /

-1.86 (-4.87%)

BAC Bank of America
$23.15 /

-1.57 (-6.35%)

STT State Street
$60.51 /

-3.68 (-5.73%)

06/05/20 Wells Fargo
State Street price target raised to $75 from $61 at Wells Fargo
04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
BK BNY Mellon
$36.32 /

-1.86 (-4.87%)

06/11/20 Deutsche Bank
BNY Mellon named short-term investment idea at Deutsche Bank
06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
BAC Bank of America
$23.15 /

-1.57 (-6.35%)

06/23/20 Wells Fargo
Finicity should help MasterCard with open banking efforts, says Wells Fargo
06/11/20 BTIG
First Department ruling 'a significant positive' for Ambac Financial, says BTIG
06/05/20 Wells Fargo
Bank of America price target raised to $35 from $30 at Wells Fargo
04/16/20 DA Davidson
Bank of America price target raised to $26 from $24 at DA Davidson
MS Morgan Stanley
$47.06 /

-1.73 (-3.55%)

06/24/20
Fly Intel: Top five analyst upgrades
06/24/20 DA Davidson
Morgan Stanley upgraded to Buy from Neutral at DA Davidson
06/24/20 DA Davidson
Morgan Stanley upgraded to Buy from Neutral at DA Davidson
06/05/20 Wells Fargo
Morgan Stanley price target raised to $51 from $40 at Wells Fargo
GS Goldman Sachs
$189.09 /

-18.28 (-8.82%)

06/26/20 Morgan Stanley
Morgan Stanley sees dividend cuts at Wells Fargo, Capital One after stress tests
06/05/20 Wells Fargo
Goldman Sachs price target raised to $255 from $230 at Wells Fargo
06/04/20
Fly Intel: Top five analyst downgrades
06/03/20 Deutsche Bank
Wells Fargo upgraded to Buy, Goldman Sachs cut to Hold at Deutsche Bank
COF Capital One
$61.13 /

-5.99 (-8.92%)

06/22/20 UBS
Capital One upgraded to Buy from Neutral at UBS
06/11/20 RBC Capital
Capital One price target raised to $72 from $58 at RBC Capital
WFC Wells Fargo
$25.35 /

-2.01 (-7.35%)

06/11/20 JPMorgan
Wells Fargo dividend very likely to be cut, says JPMorgan
06/11/20 Morgan Stanley
Morgan Stanley trims Wells Fargo price target to $27, forecasts dividend cut
06/04/20
Fly Intel: Top five analyst upgrades
WFC Wells Fargo
$25.35 /

-2.01 (-7.35%)

STT State Street
$60.51 /

-3.68 (-5.73%)

MS Morgan Stanley
$47.06 /

-1.73 (-3.55%)

GS Goldman Sachs
$189.09 /

-18.28 (-8.82%)

COF Capital One
$61.13 /

-5.99 (-8.92%)

BK BNY Mellon
$36.32 /

-1.86 (-4.87%)

BAC Bank of America
$23.15 /

-1.57 (-6.35%)

WFC Wells Fargo
$25.35 /

-2.01 (-7.35%)

STT State Street
$60.51 /

-3.68 (-5.73%)

MS Morgan Stanley
$47.06 /

-1.73 (-3.55%)

GS Goldman Sachs
$189.09 /

-18.28 (-8.82%)

COF Capital One
$61.13 /

-5.99 (-8.92%)

BAC Bank of America
$23.15 /

-1.57 (-6.35%)

STT State Street
$60.51 /

-3.68 (-5.73%)

MS Morgan Stanley
$47.06 /

-1.73 (-3.55%)

GS Goldman Sachs
$189.09 /

-18.28 (-8.82%)

COF Capital One
$61.13 /

-5.99 (-8.92%)

BK BNY Mellon
$36.32 /

-1.86 (-4.87%)

BAC Bank of America
$23.15 /

-1.57 (-6.35%)

WFC Wells Fargo
$25.35 /

-2.01 (-7.35%)

STT State Street
$60.51 /

-3.68 (-5.73%)

MS Morgan Stanley
$47.06 /

-1.73 (-3.55%)

GS Goldman Sachs
$189.09 /

-18.28 (-8.82%)

COF Capital One
$61.13 /

-5.99 (-8.92%)

BK BNY Mellon
$36.32 /

-1.86 (-4.87%)

BAC Bank of America
$23.15 /

-1.57 (-6.35%)

Recommendations
BNY Mellon named short-term investment idea at Deutsche Bank » 07:37
06/11/20
06/11
07:37
06/11/20
07:37
BK

BNY Mellon

$39.95 /

-1.4 (-3.39%)

, NTRS

Northern Trust

$86.92 /

-4.47 (-4.89%)

Deutsche Bank analyst…

Deutsche Bank analyst Brian Bedell initiated a "Buy Catalyst Call" on Bank of NY Mellon (BK), hedged against Northern Trust (NTRS), as he thinks BNY should outperform Northern Trust during the Q2 earnings season. The analyst sees see BNY as positioned best versus consensus expectations.

ShowHide Related Items >><<
NTRS Northern Trust
$86.92 /

-4.47 (-4.89%)

BK BNY Mellon
$39.95 /

-1.4 (-3.39%)

BK BNY Mellon
$39.95 /

-1.4 (-3.39%)

06/05/20 Wells Fargo
BNY Mellon price target raised to $47 from $40 at Wells Fargo
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
04/07/20 Evercore ISI
BNY Mellon upgraded to In Line from Underperform at Evercore ISI
NTRS Northern Trust
$86.92 /

-4.47 (-4.89%)

06/09/20 Morgan Stanley
Morgan Stanley upgrades Northern Trust to Equal Weight on post-pandemic outlook
06/09/20 Morgan Stanley
Northern Trust upgraded to Equal Weight from Underweight at Morgan Stanley
06/05/20 Wells Fargo
Northern Trust price target raised to $108 from $95 at Wells Fargo
04/05/20 UBS
UBS downgrades Northern Trust to Sell on downside earnings risk
NTRS Northern Trust
$86.92 /

-4.47 (-4.89%)

BK BNY Mellon
$39.95 /

-1.4 (-3.39%)

BK BNY Mellon
$39.95 /

-1.4 (-3.39%)

NTRS Northern Trust
$86.92 /

-4.47 (-4.89%)

BK BNY Mellon
$39.95 /

-1.4 (-3.39%)

BK BNY Mellon
$39.95 /

-1.4 (-3.39%)

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