Wells Fargo has increased its price target for BNY Mellon (BK) to $122, up from $119, while keeping an Equal Weight rating on the shares. The firm reported that BNY Mellon exceeded top-line expectations for the fourth quarter of 2025.
In its guidance for 2026, the company projects approximately 5% revenue growth and expense growth of 3% to 4%, according to Wells Fargo.