BMO Capital Maintains Market Perform on Bank of America, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham maintains a 'Market Perform' rating on Bank of America (NYSE:BAC) and raises the price target from $39 to $40.
October 18, 2023 | 12:36 pm
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Bank of America's price target has been raised from $39 to $40 by BMO Capital, maintaining a 'Market Perform' rating.
The raised price target indicates that BMO Capital sees potential for Bank of America's stock price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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IMPORTANCE 80
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