Bank of New York Mellon’s stock reached an all-time high of $125.89, showcasing a 47.63% increase over the past year and strong short-term gains. The company’s financial strength is supported by $20.11 billion in revenue and a healthy 8.43% revenue growth, with InvestingPro suggesting the stock is undervalued. Recent news includes a $1.55 billion senior medium-term notes issuance and increased price targets from RBC Capital and Keefe, Bruyette & Woods, maintaining investor confidence.
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Bank of New York Mellon stock hits all-time high at 125.89 USD By Investing.com
Bank of New York Mellon’s stock reached an all-time high of $125.89, showcasing a 47.63% increase over the past year and strong short-term gains. The company’s financial strength is supported by $20.11 billion in revenue and a healthy 8.43% revenue growth, with InvestingPro suggesting the stock is undervalued. Recent news includes a $1.55 billion senior medium-term notes issuance and increased price targets from RBC Capital and Keefe, Bruyette & Woods, maintaining investor confidence.