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Stocks•17 April 2026•

1 min read

Seaport Global Raises BNY Mellon Price Target to $147, Maintains Buy Rating

Key Facts

1Seaport Global raised the price target for Bank of New York Mellon from $131 to $147.

2Seaport Global maintained a 'Buy' rating on the stock, reflecting a positive outlook.

Seaport Global has updated its outlook on Bank of New York Mellon (BK), raising the stock's price target from $131 to $147. This adjustment reflects the firm's confidence in the bank's financial performance and its potential for sustained market value growth. Alongside the target increase, the firm maintained its 'Buy' rating, signaling continued optimism regarding the financial institution's prospects. This bullish revision serves as a positive indicator for investors concerning the bank's valuation within the current banking sector landscape. The report is expected to provide a short-term boost to market sentiment for BK shares. Seaport Global's analysts highlighted the bank's solid financial positioning as a primary driver for this upward price adjustment.