The Latest Analyst Ratings for Bank of America
Portfolio Pulse from Benzinga Insights
Bank of America (NYSE:BAC) has received a mix of analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, 3 indifferent, and no bearish ratings. The average 12-month price target from 8 analysts is $40.12, with a high of $51.00 and a low of $30.00. This target has increased by 1.03% over the past month. Analyst ratings are opinions on stock performance and are updated quarterly.
December 14, 2023 | 4:00 pm
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POSITIVE IMPACT
Bank of America has a positive outlook from analysts with an average price target of $40.12, reflecting a 1.03% increase over the past month.
The majority of analysts have given Bank of America a bullish or somewhat bullish rating, indicating a positive sentiment towards the stock. The recent increase in the average price target suggests growing confidence in the bank's performance, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100