Analysts Conflicted on These Financial Names: Robinhood (HOOD) and Bank of New York Mellon (BK)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Robinhood (HOOD – Research Report) and Bank of New York Mellon (BK – Research Report).
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Robinhood (HOOD)
Piper Sandler analyst Patrick Moley maintained a Buy rating on Robinhood today and set a price target of $155.00. The company’s shares closed last Tuesday at $120.24.
According to TipRanks.com, Moley is a top 100 analyst with an average return of
Robinhood has an analyst consensus of Strong Buy, with a price target consensus of $156.24, implying a 33.1% upside from current levels. In a report issued on December 31, Barclays also maintained a Buy rating on the stock with a $171.00 price target.
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Bank of New York Mellon (BK)
Wells Fargo analyst Mike Mayo maintained a Hold rating on Bank of New York Mellon today and set a price target of $122.00. The company’s shares closed last Tuesday at $122.93.
According to TipRanks.com, Mayo is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank of New York Mellon with a $131.46 average price target, representing an 8.4% upside. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $130.00 price target.
