Bank Of America (BAC) Posts Q2 EPS of 32c; Capital Ratios Improve

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Go back to Bank Of America (BAC) Posts Q2 EPS of 32c; Capital Ratios Improve

Bank of America (BAC) PT Lifted to $16 at Evercore on 'Less Noisy' Qtr and Positive Outlook

July 18, 2013 7:18 AM EDT

Evercore Partners analyst Andrew Marquardt reiterated his Overweight rating on Bank of America (NYSE: BAC) and raised his price target from $15 to $16 following a "less noisy" Q2 and a more positive outlook.

He comments, "Moving our ests modestly lower post... More