Naz News, Gappers and FLE's

[MWM]

I beleive it's Morgan Stanley who now says they expect BAC to make $2.50 a share next year and I'm a big buyer or should I say dumbass lol, so if they make $2.50 a share next year it might be selling at a discount, so you might just want to do your homework...

June 11, 2009

Bank of America estimates raised at Morgan Stanley
Morgan Stanley raised Bank of America estimates citing expectations for higher fee income from investment banking and retail. The firm raised its FY09 EPS estimate to 52c from 43c and FY10 to $2.64 from $2.54. Shares are Overweight rated with a $32 price target.

Bank of America upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette upgraded Bank of America due to valuation and the company's better balance sheet following capital raises. The firm raised its target on shares to $16.50.

Bank of America target raised to $27 from $24 at Raymond James
Raymond James "strongly recommends" purchase of Bank of America. Shares are Strong Buy rated.