11:55 AM EDT, 04/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Applying a narrower risk premium to market uncertainties, we lowered our 12-month target price by $5 to $90 using a forward P/E of 13.3x compared to BK's five-year historic average at 15.0x. Our valuation is supported with widening pre-tax margins and positive revenue growth in Q1 2025. Looking ahead, BK has durable, recurring fee revenue businesses that are almost entirely based in the U.S. market. In terms of stock price volatility, BK has a beta at 1.02 relative to the stock market. We raised our 2025 EPS estimate by $0.10 to $6.75 and left our 2026 EPS estimate unchanged at $7.50. Our revenue projections are $19.25B and $19.85B, respectively. BK plays a central role in the capital markets with its platforms that service custodial services, treasury services, and clearing/collateral services. We think BK has durable, recurring revenues from the leading financial institutions as its customers.