Barclays raised the firm’s price target on Bank of America (BAC) to $71 from $59 and keeps an Overweight rating on the shares. The firm adjusted ratings and price targets in the large cap bank group as part of its 2026 outlook. Barclays expects the trends that drove double-digit earnings growth and bank stock outperformance in 2025 to carry into 2026.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAC:
- Moderately bullish activity in Bank of America with shares up 0.54%
- Parsons Stock (PSN) 21% Selloff on $12.5B Project Loss ‘Overdone’ — BofA
- Option traders moderately bearish in Bank of America with shares down 0.32%
- Baidu Stock Forecast: Analysts See Strong Upside from AI-Powered Growth in 2026
- China Slaps Curbs on U.S. Beef — Will Tyson Foods Stock (TSN) Feel the Squeeze in 2026?