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CFRA Upgrades Bank of America (BAC) to Hold

August 6, 2024 1:51 PM EDT

CFRA analyst Kenneth Leon upgraded Bank of America (NYSE: BAC) from Sell to Hold with a price target of $39.00.

The analyst comments "BAC shares are down ~16% since mid-July highs and below our view of fair value, which is our target price. We keep our $39 target on a... More