BofA profit beats estimates on investment banking, trading strength
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JPMorgan Reiterates Overweight Rating on Bank of America (BAC)
October 16, 2024 6:14 AM EDTJPMorgan analyst Vivek Juneja reiterated an Overweight rating and $47.00 price target on Bank of America (NYSE: BAC).
The analyst comments "BofA posted mixed core 3Q EPS of $0.83, reported EPS was $0.81. 3Q results were led by solid growth in all markets-related revenues: trading, investment... More
Bank of America (BAC) PT Raised to $45 at Evercore ISI
October 16, 2024 5:59 AM EDTEvercore ISI analyst Glenn Schorr raised the price target on Bank of America (NYSE: BAC) to $45.00 (from $44.00) while maintaining a Outperform rating.
The analyst comments "Shares of BAC jumped 2.86% and hung in the up ~2% neighborhood for much of the session before sliding into the close up only +55bps on the day. While we think the print... More
