A Closer Look at 15 Analyst Recommendations For Bank of America
Portfolio Pulse from Benzinga Insights
15 analysts have provided varied opinions on Bank of America (NYSE:BAC) over the past quarter, with a mix of bullish, somewhat bullish, indifferent, and somewhat bearish ratings. The average 12-month price target has increased to $40.37 from $38.75. Recent analyst actions include several rating raises and a few lowers, reflecting changing market conditions and company performance.
June 04, 2024 | 6:00 pm
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Analysts have mixed views on Bank of America with a recent trend of rating raises and a few lowers. The average 12-month price target has increased to $40.37, indicating a positive outlook despite some bearish sentiments.
The majority of analysts have raised their ratings and price targets for Bank of America, indicating a generally positive outlook. The increase in the average price target to $40.37 suggests that analysts expect the stock to perform well in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100