Fintel reports that on January 7, 2025, Truist Securities initiated coverage of Bank of America Corporation - Preferred Stock (NYSE:BAC.PRB) with a Buy recommendation. What is the Fund Sentiment? There are 24 funds or institutions reporting positions in Bank of America Corporation - Preferred Stock.

UBS analyst Erika Najarian has singled out Bank of America Corp.’s stock as an overlooked bargain that could rise about 20% in 2025. Najarian on Tuesday upgraded Bank of America Corp.’s stock BAC +1.52% to buy from neutral and lifted her 12-month price target to $53 a share from $43 a share.

Fintel reports that on January 7, 2025, UBS upgraded their outlook for Bank of America Corporation - Preferred Stock (NYSE:BAC.PRM) from Neutral to Buy. What is the Fund Sentiment? There are 29 funds or institutions reporting positions in Bank of America Corporation - Preferred Stock.

Financial analysts from HSBC and UBS upgrade Bank of America to Buy, citing favorable earnings outlook and stock valuation in the current rate environment.

UBS Group upgraded shares of Bank of America (NYSE:BAC) from a neutral rating to a buy rating in a research note released on Tuesday, MarketBeat.com reports. They currently have $53.00 target price on the financial services provider’s stock,