Thursday, September 15, 2022 1:22:42 PM
Source: TipRanks
RBC Capital analyst Gerard Cassidy maintained a Buy rating on Bank of America (BAC - Research Report) on September 12 and set a price target of $40.00. The company's shares closed yesterday at $33.87.Cassidy covers the Financial sector, focusing on stocks such as Morgan Stanley, Bank of America, and Bank of New York Mellon Corporation. According to TipRanks, Cassidy has an average return of 21.4% and a 66.92% success rate on recommended stocks. Currently, the analyst consensus on Bank of America is a Moderate Buy with an average price target of $42.66, a 25.95% upside from current levels.
https://www.tipranks.com/news/blurbs/bank-of-america-bac-receives-a-rating-update-from-a-top-analyst?utm_source=advfn.com&utm_medium=referral
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