Piper Sandler Maintains Underweight on Bank of America, Lowers Price Target to $27.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers maintains an Underweight rating on Bank of America (NYSE:BAC) and lowers the price target from $28 to $27.5.
September 15, 2023 | 2:07 pm
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Piper Sandler has maintained an Underweight rating on Bank of America and lowered the price target from $28 to $27.5.
The lowered price target by Piper Sandler indicates a bearish outlook for Bank of America. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100