Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Bank of New York Mellon Corp. (BK.N)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (US$)	Price Target (US$)	Rating
2022-03-25	52.74	64.00	Buy
2022-04-05	48.96	61.00	Buy
2022-04-18	46.21	58.00	Buy
2022-05-09	43.21	56.00	Buy
2022-07-10	41.89	52.00	Buy
2022-10-10	39.21	50.00	Buy
2023-01-09	48.14	54.00	Buy
2023-01-22	49.24	60.00	Buy
2023-04-18	44.89	62.00	Buy
2023-07-09	44.38	60.00	Buy
2023-10-08	42.15	54.00	Buy
2024-01-08	52.70	62.00	Buy
2024-01-12	54.85	65.00	Buy
2024-04-19	56.29	68.00	Buy
2024-07-12	64.69	73.00	Buy
2024-10-07	72.44	82.00	Buy
2025-01-05	76.93	88.00	Buy
2025-01-20	83.29	94.00	Buy
2025-03-20	83.93	-	No Rating

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and investment banking services are being, or have been, provided.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-securities services are being, or have been, provided.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS Securities LLC makes a market in the securities and/or ADRs of this company.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.