Odeon Capital Downgrades Bank of America to Hold, Announces $33.9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Odeon Capital analyst Dick Bove has downgraded Bank of America (NYSE:BAC) from Buy to Hold and set a price target of $33.9.
January 16, 2024 | 8:11 pm
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NEUTRAL IMPACT
Bank of America was downgraded by Odeon Capital from Buy to Hold with a price target of $33.9.
Downgrades typically lead to a negative perception among investors, potentially causing short-term price decline. However, the price target of $33.9 may suggest limited downside, providing a neutral outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100