Credit Suisse Downgrades Bank of America (BAC) to Neutral on Valuation

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Credit Suisse downgraded Bank of America (NYSE: BAC) from Outperform to Neutral saying valuation is ahead of itself.

For an analyst ratings summary and ratings history on Bank of America click here. For more ratings news on Bank of America click here.

Shares of Bank of America closed at $11.98 yesterday, with a 52 week range of $6.19-$12.20.

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