Bank of America (BAC) Posts Q3 EPS of $0.41

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Jefferies Remains Bullish on Bank of America (BAC) Following 3Q Report

October 18, 2016 8:43 AM EDT

Jefferies reiterated a Buy rating and $19.00 price target on Bank of America (NYSE: BAC) following the company's 3Q earnings report. Fees were up 3% Y-Y on better IB, trading, service charges, and "other," flipping three quarters of negative comps.

Analyst Ken Usdin commented,... More

Nomura Reiterates Bullish View on Bank of America (BAC) Following Strong Q3

October 18, 2016 7:19 AM EDT

Nomura Securities analyst Steven Chubak reiterated his Buy rating and $19 price target on Bank of America (NYSE: BAC) following strong Q3 results, which he says provides fodder for bulls.

Chubak commented, "BAC reported 3Q EPS of $0.41 (>10% ROTE, ex DTA writedown, DVA loss), above... More