RBC Capital Reiterates Outperform on Bank of America, Maintains $35 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Gerard Cassidy has reiterated an Outperform rating on Bank of America (NYSE:BAC) and maintained a $35 price target.
June 30, 2023 | 12:29 pm
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POSITIVE IMPACT
Bank of America's stock may see positive movement as RBC Capital maintains its Outperform rating and $35 price target.
Analyst ratings and price targets can significantly influence investor sentiment and stock price. The reiteration of an Outperform rating and a $35 price target by RBC Capital indicates a positive outlook for Bank of America, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100