Jefferies Maintains Hold on Bank of America, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Ken Usdin maintains a Hold rating on Bank of America (BAC) and raises the price target from $36 to $39.

April 08, 2024 | 6:57 pm
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Jefferies analyst Ken Usdin maintains a Hold rating on Bank of America and raises the price target from $36 to $39.
The increase in price target by Jefferies reflects a positive outlook on Bank of America's future performance, potentially leading to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90