Oppenheimer Maintains Outperform on Bank of America, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an 'Outperform' rating on Bank of America and raised the price target from $48 to $49.
October 02, 2024 | 1:47 pm
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Oppenheimer has reaffirmed its 'Outperform' rating for Bank of America and increased the price target to $49, indicating confidence in the stock's potential.
The reaffirmation of an 'Outperform' rating and a raised price target by a reputable analyst can boost investor confidence, potentially leading to a positive short-term impact on BAC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100