RBC Capital Downgrades Bank of New York Mellon (BK) to Sector Perform

RBC Capital downgraded Bank of New York Mellon (NYSE: BK) from Outperform to Sector Perform with a price target of $26.00 (from $28.00).

For an analyst ratings summary and ratings history on Bank of New York Mellon click here. For more ratings news on Bank of New York Mellon click here.

Shares of Bank of New York Mellon closed at $26.04 yesterday.

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