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Bank of New York Mellon's shares rose as earnings per share hit $1.72, exceeding analysts' forecasts.
The Bank of New York Mellon Co. (NYSE:BK) saw its shares rise after reporting a strong quarterly performance, with earnings per share of $1.72, surpassing analysts' estimates.
The bank's revenue also increased by 11.2%.
Institutional investors like Edgestream Partners L.P. continue to invest in the company, with an average price target of $88.71 and a "Moderate Buy" consensus rating.
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Las acciones del Bank of New York Mellon aumentaron a medida que las ganancias por acción alcanzaron los 1,72 dólares, superando las previsiones de los analistas.