Fintel reports that on January 7, 2025, Truist Securities initiated coverage of Bank of America Corporation - Preferred Stock (NYSE:BAC.PRB) with a Buy recommendation. What is the Fund Sentiment? There are 24 funds or institutions reporting positions in Bank of America Corporation - Preferred Stock.

UBS analyst Erika Najarian has singled out Bank of America Corp.’s stock as an overlooked bargain that could rise about 20% in 2025. Najarian on Tuesday upgraded Bank of America Corp.’s stock BAC +1.52% to buy from neutral and lifted her 12-month price target to $53 a share from $43 a share.

Fintel reports that on January 7, 2025, UBS upgraded their outlook for Bank of America Corporation - Preferred Stock (NYSE:BAC.PRM) from Neutral to Buy. What is the Fund Sentiment? There are 29 funds or institutions reporting positions in Bank of America Corporation - Preferred Stock.

UBS Group upgraded shares of Bank of America (NYSE:BAC) from a neutral rating to a buy rating in a research note released on Tuesday, MarketBeat.com reports. They currently have $53.00 target price on the financial services provider’s stock,

Fintel reports that on January 7, 2025, Truist Securities initiated coverage of Bank of America (NYSE:BAC) with a Buy recommendation. Analyst Price Forecast Suggests 9.47% Upside As of December 23, 2024,

Both HSBC and UBS upgraded Bank of America (NYSE:BAC) to Buy, both citing the higher-for-longer rate environment as benefiting the money center bank. "Rate backdrop, investment banking landscape, and regulatory easing provide favorable earnings backdrop,