Phillip Securities Upgrades Bank of America to Accumulate, Announces $44 Price Target
Portfolio Pulse from Benzinga Newsdesk
Phillip Securities has upgraded Bank of America (NYSE:BAC) from Neutral to Accumulate, setting a price target of $44.
October 18, 2024 | 3:40 pm
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Phillip Securities has upgraded Bank of America from Neutral to Accumulate, with a new price target of $44, indicating a positive outlook.
The upgrade from Neutral to Accumulate by Phillip Securities suggests increased confidence in Bank of America's stock performance. The $44 price target indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100