Bank of America (BAC) Tops Q4 EPS by 3c

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Bank of America (BAC) PT Raised to $37 at Oppenheimer

January 18, 2018 9:11 AM EST

Oppenheimer raised its price target on Bank of America (NYSE: BAC) to $37.00 (from $34.00) while maintaining a Outperform rating.

Analyst Chris Kotowski commented, "BAC had 4Q17 tax law-related charges like everyone else that brought 4Q EPS in at $0.20 versus our $0.13 estimate. Excluding these charges,... More