Bank of America (BAC) Reports Q3 EPS of 48c
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Bank of America (BAC) PT Raised to $30 at Nomura/Instinet
October 16, 2017 8:14 AM EDTNomura/Instinet raised its price target on Bank of America (NYSE: BAC) to $30.00 (from $28.00) while maintaining a Buy rating.
Analyst Steven Chubak noted the strong 3Q beat reflecting better-than-expected NII and credit trends, strong loan growth, solid results in IB / trading, as well as continued expense discipline.
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