Credit Suisse analyst Susan Roth Katzke maintained a Buy rating on Bank of America (BAC) yesterday and set a price target of $35. The company’s shares closed yesterday at $26.55.
According to TipRanks.com, Katzke is a 5-star analyst with an average return of 15.8% and a 68.1% success rate. Katzke covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, State Street Corp, and JP Morgan Chase.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank of America with a $30.82 average price target, representing a 16.1% upside. In a report issued on January 4, Oppenheimer also maintained a Buy rating on the stock with a $31 price target.
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The company has a one-year high of $33.05 and a one-year low of $22.66. Currently, Bank of America has an average volume of 75.37M.
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