Morgan Stanley Maintains Overweight on Bank of America, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Bank of America (NYSE:BAC) and raises the price target from $44 to $46.
July 17, 2024 | 4:45 pm
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POSITIVE IMPACT
Morgan Stanley analyst Betsy Graseck maintains an Overweight rating on Bank of America and raises the price target from $44 to $46.
The raised price target and maintained Overweight rating from a reputable analyst at Morgan Stanley is likely to positively impact Bank of America's stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100