What 10 Analyst Ratings Have To Say About Bank of America
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 10 analysts have published their opinion on Bank of America (NYSE:BAC) stock. The average price target for BAC is $38.55, a decrease of 4.22% from the previous average price target of $40.25. The ratings are mixed with 1 bullish, 5 somewhat bullish, 3 indifferent, and 1 somewhat bearish.
November 06, 2023 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mixed analyst ratings for Bank of America could lead to uncertainty in the market. The decrease in the average price target may negatively impact the stock price in the short term.
Analyst ratings are a significant factor in influencing investor sentiment and stock price. The mixed ratings for BAC indicate uncertainty, which could lead to volatility. The decrease in the average price target suggests that analysts are less optimistic about the stock's performance, which could negatively impact the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100