Bank of America (BAC) Shares Gain After Earnings, Results Seen as 'Good Enough'

Go back to Bank of America (BAC) Shares Gain After Earnings, Results Seen as 'Good Enough'

Bank of America (BAC) PT Lowered to $46 at BMO Capital

April 19, 2022 7:37 AM EDT

BMO Capital analyst James Fotheringham lowered the price target on Bank of America (NYSE: BAC) to $46.00 (from $48.00) while maintaining a Market Perform rating.

The analyst commented, "Following BACs 1Q22 in-line core result, we lower our estimates by as much as 5% (lower NII... More