Oppenheimer Releases a Buy Rating on Bank of America


In a report released today, Chris Kotowski from Oppenheimer assigned a Buy rating to Bank of America (NYSE: BAC). The company’s shares opened today at $28.78.

According to TipRanks.com, Kotowski is a 5-star analyst with an average return of 10.7% and a 66.3% success rate. Kotowski covers the Financial sector, focusing on stocks such as Eagle Point Credit Company Inc, Great Elm Capital Corporation, and Fidus Investment Corporation.

Currently, the analyst consensus on Bank of America is a Moderate Buy with an average price target of $35.67.

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The company has a one-year high of $33.05 and a one-year low of $22.75. Currently, Bank of America has an average volume of 63.61M.

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