Seaport Global Upgrades Bank of America to Buy, Announces $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Jim Mitchell has upgraded Bank of America (NYSE:BAC) from Neutral to Buy and set a price target of $48.
July 02, 2024 | 1:37 pm
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Seaport Global analyst Jim Mitchell has upgraded Bank of America from Neutral to Buy and set a price target of $48.
The upgrade from Neutral to Buy and the announcement of a $48 price target by Seaport Global is likely to positively impact Bank of America's stock price in the short term. Analyst upgrades often lead to increased investor confidence and buying activity.
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