Oppenheimer Maintains Outperform on Bank of America, Raises Price Target to $52
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Chris Kotowski maintains an Outperform rating on Bank of America (NYSE:BAC) and raises the price target from $49 to $52.
July 19, 2023 | 12:15 pm
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Bank of America's price target has been raised from $49 to $52 by Oppenheimer, maintaining an Outperform rating.
The news of Oppenheimer raising the price target for Bank of America and maintaining an Outperform rating is directly related to the bank's stock. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100