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UBS Reiterates Buy on Bank of America (BAC) Following 2Q Report

July 19, 2016 9:11 AM EDT

UBS reiterated a Buy rating and $18.00 price target on Bank of America (NYSE: BAC) following the company's 2Q earnings report. UBS is raising 2016 estimates by 4c to $1.28 per share driven by the 2Q beat and lower operating expenses partially offset by lower NII.

Analyst Brennan... More

Jefferies Reiterates Buy on Bank of America (BAC) Following 2Q Earnings - PT to $16.50

July 19, 2016 9:00 AM EDT

Jefferies reiterated a Buy rating on Bank of America (NYSE: BAC), and raised the price target to $16.50 (from $16.00), following the company's 2Q earnings report. Management expects NII to be stable in upcoming quarters, with upside if rates move higher.

Analyst Ken Usdin... More