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Fly News Breaks for January 21, 2020
Jan 21, 2020 | 05:46 EDT
Credit Suisse analyst Susan Roth Katzke upgraded BNY Mellon to Outperform from Neutral with an unchanged price target of $54. The risk versus reward favors investment, says the analyst. With BNY Mellon's core revenue growth "stable-to-modestly positive" and a near term catalyst tied to constructive finalization of the new Comprehensive Capital Analysis and Review framework, the shares offer good value, Roth Katzke tells investors in a research note.
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