Bank of America Declares Preferred Stock Dividends for Third Quarter 2023
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall St ends higher as stocks reclaim some shine
- Broadcom forecasts quarterly sales below estimates amid rising custom AI chip competition
- Snowflake soars 20% on earnings beat and raised guidance
- Oil settles 1% higher, as US-Iran strikes threaten supplies
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- TScan cuts 75% of workforce, pivots to solid tumor cell therapy
Credit Suisse Mixed on Bank of America (BAC), 'we continue to anticipate a mild recession'
July 18, 2023 4:52 PM EDTCredit Suisse analyst Susan Roth Katzke reiterated an Outperform rating and $42.00 price target on Bank of America (NYSE: BAC).
The analyst comments "Earlier today Bank of America reported second quarter earnings of $0.88 per shareabove CS at $0.85 and the FactSet consensus at $0.84. Upside relative to our forecast was revenuedriven; credit costs were manageable and lower than forecast (less LLR build,... More
