Bank of America stock gets an upgrade, is now attractively valued – Seaport (NYSE:BAC)
2024-07-02
Bruce Bennett/Getty Images News Seaport Research Partners has upgraded Bank of America’s (NYSE:BAC) rating from “Neutral” to “Buy.” In a Diversified Financials report, senior analyst Jim Mitchell said the team is setting Bank of America’s (BAC) price target at $48, with a 12.5x multiple of 2025 EPS, up from 10.4x.Continue Reading