Bank of America Corp (NYSE:BAC) on Wednesday reported upbeat first-quarter results. Here are the key analyst insights:
- Piper Sandler analyst Scott Siefers reiterated a Neutral rating, while raising the price target from $53 to $59.
- RBC Capital Markets analyst Gerard Cassidy maintained an Outperform rating and price target of $59.
- Keefe, Bruyette & Woods analyst Chris Mcgratty maintained an Outperform rating and raised the price target from $63 to $64.
- Truist Securities analyst John McDonald maintained the stock with a Buy and raised the price target from $57 to $61.
- Evercore ISI Group analyst Glenn Schorr maintained an Outperform rating and raised the price target from $55 to $61.
Check out other analyst stock ratings.
Piper Sandler: Bank of America’s core results were “much better than we and the consensus had expected,” with earnings of $1.11 per share, beating the consensus of …