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BidaskClub upgraded Bank of America Corp (NYSE:BAC) to Buy in a statement released earlier today.

Just yesterday Bank of America Corp (NYSE:BAC) traded -1.08% lower at $24.74. Bank of America Corp’s 50-day moving average is $24.25 and its 200-day moving average is $23.78. The last stock price is up 0.32% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 68,157,429 shares of BAC traded hands, down from an average trading volume of 75,237,600

BidaskClub has upgraded Bank of America Corp (NYSE:BAC) to Buy in a report released on 07/07/2017.

Previously on Tuesday July 04, 2017, Vetr Inc. released a statement about Bank of America Corp (NYSE:BAC) increased the target price from $0.00 to $23.52. At the time, this indicated a possible downside of -0.05%.

Recent Performance Chart

Bank of America Corp (NYSE:BAC)

Bank of America Corp has 52 week low of $14.81 and a 52 week high of $25.80 with a PE ratio of 14.21 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 29 brokerages have issued a ratings update on the company. The average stock price target is $17.22 with 10 brokerages rating the stock a strong buy, 17 brokerages rating the stock a buy, 6 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Bank of America Corp (NYSE:BAC)

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

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