Keefe Bruyette analyst Christopher McGratty lowered the firm’s price target on Bank of America (BAC) to $63 from $64 and keeps an Outperform rating on the shares. Good relative value with a clear focus on execution is a key to positive re-rating, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAC:
- Bank of America Earnings Call Highlights Broad Strength
- Bank of America expects headcount to ‘come down’ this year
- Unusually active option classes on open January 14th
- Bank of America says strong consumer health ‘bodes well’ for growth in 2026
- Morning Movers: Citi gains, Wells Fargo falls following quarterly results