Bank of New York Mellon Corp Bought 3445 Shares of Benefitfocus Inc (BNFT)

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Summary

Bank of New York Mellon Corp raised its holdings in shares of Benefitfocus Inc (NASDAQ:BNFT) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. Finally, Emerald Mutual Fund Advisers Trust bought a new stake in shares of Benefitfocus in the 3rd quarter valued at $1,384,000. Goldman Sachs Group restated a “neutral” rating and issued a $55.00 price objective on shares of Benefitfocus in a research report on Friday, February 1st. Royal Bank of Canada upped their price objective on shares of Benefitfocus to $58.00 and gave the company an “average” rating in a research report on Wednesday, December 19th. Finally, Wells Fargo & Co upped their price objective on shares of Benefitfocus from $50.00 to $60.00 and gave the company an “outperform” rating in a research report on Wednesday, December 19th.

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