Initiated Outperform X

BK BNY Mellon

BMO Capital Markets

$125

Resumed Neutral X

BK BNY Mellon

Citigroup

$105

Downgrades Buy Hold X

BK BNY Mellon

Truist

$97

Downgrades Outperform Peer Perform X

BK BNY Mellon

Wolfe Research

Upgrades Eq-Weight Overweight X

BK BNY Mellon

Morgan Stanley

$82 $94

Upgrades Hold Buy X

BK BNY Mellon

Deutsche Bank

$66 $80

Downgrades Buy Neutral X

BK BNY Mellon

Citigroup

$65

Upgrades Mkt Perform Outperform X

BK BNY Mellon

Keefe Bruyette

$60 $70

Upgrades Underweight Eq-Weight X

BK BNY Mellon

Morgan Stanley

$52 $62

Upgrades Neutral Overweight X

BK BNY Mellon

JP Morgan

$54.50

Resumed Buy X

BK BNY Mellon

BofA Securities

$56

Upgrades Neutral Buy X

BK BNY Mellon

Goldman

$59

Upgrades Peer Perform Outperform X

BK BNY Mellon

Wolfe Research

$60

Downgrades Eq-Weight Underweight X

BK BNY Mellon

Morgan Stanley

$42

Upgrades Neutral Buy X

BK BNY Mellon

Citigroup

$46

Downgrades Buy Hold X

BK BNY Mellon

Deutsche Bank

$54 $45

Downgrades Overweight Neutral X

BK BNY Mellon

JP Morgan

$59 $51.50

Downgrades Buy Neutral X

BK BNY Mellon

Citigroup

$70 $50

Downgrades Outperform Peer Perform X

BK BNY Mellon

Wolfe Research

$55

Downgrades Buy Neutral X

BK BNY Mellon

Goldman

$68 $60

Upgrades Underweight Eq-Weight X

BK BNY Mellon

Morgan Stanley

$65 $58

Downgrades Outperform Mkt Perform X

BK BNY Mellon

Keefe Bruyette

$66 $70

Upgrades Neutral Overweight X

BK BNY Mellon

JP Morgan

$62.50 $67

Upgrades Hold Buy X

BK BNY Mellon

Argus

$55

Upgrades Mkt Perform Outperform X

BK BNY Mellon

Keefe Bruyette

$59

Upgrades Underperform Buy X

BK BNY Mellon

BofA Securities

Upgrades Neutral Buy X

BK BNY Mellon

Citigroup

$44 $57

Upgrades Underperform Mkt Perform X

BK BNY Mellon

Keefe Bruyette

Downgrades Overweight Underweight X

BK BNY Mellon

Morgan Stanley

Downgrades Buy Hold X

BK BNY Mellon

Deutsche Bank

$50 $44

Downgrades Buy Neutral X

BK BNY Mellon

Citigroup

Downgrades Mkt Perform Underperform X

BK BNY Mellon

Keefe Bruyette

Downgrades Outperform Mkt Perform X

BK BNY Mellon

Raymond James

Downgrades Buy Neutral X

BK BNY Mellon

Goldman

Upgrades Underperform Neutral X

BK BNY Mellon

BofA/Merrill

BK  Bank of New York Mellon Corporation (The)

The Bank of New York Mellon Corporation is an investments company. The Company operates businesses through two segments: Investment Management and Investment Services. The Company also has an Other segment, which includes the leasing portfolio, corporate treasury activities (including its investment securities portfolio), derivatives and other trading, corporate and bank-owned life insurance and renewable energy investments, and business exits. As of December 31, 2016, the Company had $29.9 trillion in assets under custody and/or administration and $1.6 trillion in assets under management. The Company's Investment Management boutiques offer a range of actively managed equity, fixed income, alternative and liability-driven investments, along with passive products and cash management. The Company offers asset servicing, clearing services, issuer services and treasury services to its clients.