Jefferies Maintains Hold on Bank of America, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Ken Usdin maintains a Hold rating on Bank of America (NYSE:BAC) and raises the price target from $39 to $41.

July 03, 2024 | 3:03 pm
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Jefferies analyst Ken Usdin maintains a Hold rating on Bank of America and raises the price target from $39 to $41.
The raised price target from $39 to $41 suggests a positive outlook for Bank of America, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100