Deutsche Bank Upgrades Bank of America to Buy, Announces $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matt O'Connor has upgraded Bank of America (NYSE:BAC) from Hold to Buy, setting a price target of $45.
September 03, 2024 | 11:10 am
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Deutsche Bank has upgraded Bank of America from Hold to Buy, with a new price target of $45, indicating a positive outlook.
The upgrade from Hold to Buy by Deutsche Bank suggests increased confidence in Bank of America's future performance. The $45 price target indicates potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
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IMPORTANCE 80
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