Bank Of New York Mellon's Differentiated Business Mix And NII Growth Signal Upside: Goldman Sachs
1. BK reported Q4 2024 EPS of $1.72, beating estimates significantly. 2. Analysts maintain bullish ratings with price targets raised to $91 and $96. 3. Positive growth in net interest income (NII) expected to drive stock valuation. 4. Management gains credibility as EPS estimates for future years are increased. 5. Investments planned for future growth, indicating confidence in financial performance.