Bank of America (BAC) April 36 straddle into quarter results

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

April 17, 2024 8:10 AM EDT

BMO Capital analyst James Fotheringham raised the price target on Bank of America (NYSE: BAC) to $37.00 (from $36.00) while maintaining a Market Perform rating.

The analyst comments "Following BAC's 1Q24 top-line beat, we raise estimates by +3%; higher than previously modeled non-interest income (ECM, advisory,... More